Jim Falvey (R-IL-3)
Jim Falvey (R-IL-3)
Jim Falvey Congressional Candidate Illinois District 3
Biography of Jim Falvey from Falvey For Congress
Jim Falvey, of Western Springs, is an attorney and entrepreneur coming from a long line of businessmen. Jim’s great grandfather started a chain of men’s clothing stores with the help of his son, Jim’s grandfather. A tradition of hard work has thus passed father to son right down to Jim’s father, who was a community banker, and then to Jim. Jim currently serves as a Managing Director at Falvey Consulting, as an Adjunct Professor at Penn State University, and as an Advisory Board Member at CMDirect, a commodity spot marketplace.
Jim received a Bachelor of Arts degree in government and international studies, magna cum laude, from the University of Notre Dame. He then earned his Juris Doctor degree, cum laude, from Georgetown University Law Center. He subsequently earned a Master of Business Administration degree from Northwestern University’s Kellogg School of Management.
Falvey was previously General Counsel for RJ O’Brien & Associates, the nation’s largest independent futures brokerage firm. He has also served as Chief Administrative Officer, General Counsel and Corporate Secretary for the US Futures Exchange; Vice President, first General Counsel and Corporate Secretary of Intercontinental Exchange; and Director and Associate General Counsel of Chicago Mercantile Exchange. Prior to joining the futures industry, Falvey was Assistant Counsel in the Corporate Litigation Division of Allstate Insurance Company, an associate in the Litigation Section of Hopkins & Sutter law firm, and Judicial Law Clerk to the Honorable Richard A. Enslen, who served on the U.S. District Court for the Western District of Michigan.
A native of Stevensville, Michigan, Falvey was Projects Director and Legislative Assistant in Washington to U.S. Rep. Fred Upton of Michigan in the late 1980s. Falvey became interested in public service as a child when he visited Washington, D.C., got to meet his Congressman, David Stockman, and saw President Ford deliver a Lincoln Day speech.
Falvey is a member of the American Bar Association, the Chicago Bar Association, the Futures Industry Association and the National Association of Criminal Defense Lawyers. The Southern Center for Human Rights bestowed on Falvey its prestigious Frederick Douglass Human Rights Award in 2007 for his pro bono work on behalf of a Guantanamo Bay detainee. A member of the U.S. Commodity Futures Trading Commission’s Technology Advisory Committee from 2004 to 2010, he served on the Chicago Federal Reserve Bank’s Financial Services Working Group in 2008. He has written and spoken extensively about issues affecting the futures industry and electronic trading, and he has written and submitted testimony on the subjects before the U.S. Congress.
Jim resides in Western Springs with his wife and two children. In his free time, Falvey competes in marathons, dabbles in photography, and plays electric bass and trumpet in a band.