ARTICLE
6 March 2017

US Commodity Futures Trading Commission Staff Changes

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A&O Shearman

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On January 26, 2017, Acting Chairman of the US Commodity Futures Trading Commission Giancarlo announced that the CFTC's General Counsel, Jonathan L. Marcus, is leaving the agency.
United States Finance and Banking

On January 26, 2017, Acting Chairman of the US Commodity Futures Trading Commission Giancarlo announced that the CFTC's General Counsel, Jonathan L. Marcus, is leaving the agency. Mr. Marcus joined the agency in 2011 as Deputy General Counsel for Litigation, and was promoted to General Counsel in 2013. Robert A. Schwartz, currently the Deputy General Counsel for Litigation and Adjudication, will become the Acting General Counsel.

On January 27, 2017, Acting Chairman Giancarlo announced several additional staff changes at the Commission:

  • Amir Zaidi has been appointed to lead the Division of Market Oversight.
  • Vincent McGonagle has been named as the Acting Director for the Division of Enforcement.
  • Jeffrey Bandman will step down from his role as Acting Director of the Division of Clearing and Risk to become an advisor on issues related to Financial Technology (FinTech). John Lawton, a 36-year employee of the Commission, has taken over as Acting Director of the Division of Clearing and Risk.

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