Chris Cox: Another ex-regulator who’s prospering

By Laurie Bennett

September 16, 2013 at 9:10am

When the economy imploded in 2008, Christopher Cox was one of the federal regulators most criticized for having failed to stop the excesses of the financial sector.

Cox, a former House Republican from California, was then chairman of the Securities and Exchange Commission.

As Andrew Ross Sorkin writes in “Too Big to Fail,” many bankers considered him a lightweight with a limited understanding of high finance. Fellow Republican John McCain said that if he were president, Cox would have been fired.

Chris Cox
Chris Cox

Now, as president of Bingham Consulting, Cox oversees a Washington firm that helps businesses respond to investigations and enforcement actions by agencies such as the SEC.

According to its web site, Bingham, a subsidiary of the lobby firm Bingham McCutchen, has clients in the financial, manufacturing, telecommunications and energy industries.

Its parent company’s lobbying clients include the U.S. Chamber of Commerce, Google and Altria Group. Bingham McCutchen’s lobbying income last year totaled almost $1.6 million.

Cox is also a partner of the lobby firm, where he’s registered as a lobbyist for NetChoice, a trade association of eCommerce businesses. The map below shows NetChoice membership, which includes Facebook, Yahoo!, AOL, eBay and other online companies.

Related story: Promontory Financial - the $1B revolving door

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