Michele Maccarone, a former Consob executive, left us. He had a long professional career in the Commission, where he held various apical positions: from the Stock Exchange area to the Intermediaries Division, Legal Advice, Legal Studies, Issuers Division and the External Relations Division. Maccarone, a lawyer, concluded his career with the title of general official, the highest rank in the managing structure.

Throughout his career at Consob he supervised all the developments of the legislation in the 90s, from the law on the investment firms (SIMs) to the first insider trading law, to the legislative decree about the transposition of the so-called "Eurosim" directive into the internal law framework, to the consolidated law on finance. He gave a contribution to all the law provisions implementing the regulations concerning the intermediaries and the companies. He was also a member at length of the Stock Exchange Council in the period when the transition from the shouted stock exchange to the telematic one was under planning.