Former CFTC Chair Takes Fintech Role at Law Firm

New York law firm Willkie Farr & Gallagher has announced that the appointment of former chair of the US Commodity Futures Trading Commission (CFTC) Christopher Giancarlo as a senior counsel.

Giancarlo served as chairman and chief executive of the CFTC from August 2017 to July 2019 after being nominated as a CFTC commissioner by President Barack Obama and unanimously confirmed by the US Senate in June 2014. He was subsequently nominated as CFTC chairman by President Donald Trump and again unanimously confirmed by the US Senate in August 2017. He departed the CFTC in July 2019 following the expiration of his five-year term.

As CFTC chairman, Giancarlo also served as a member of the Financial Stability Oversight Committee (FSOC), the President’s Working Group on Financial Markets, and the Executive Board of the International Organization of Securities Commissions (IOSCO) and participated in meetings of the Financial Stability Board (FSB).

“As a leading voice on the regulation of emerging technologies, Chris brings knowledge, experience and public and private sector relationships that will be invaluable to our clients in the financial services, technology and commodities sectors,” says Willkie Farr & Gallagher chairman Steven Gartner. “His legal and corporate background, unparalleled knowledge of the global derivatives markets and their intersection with emerging technologies, combined with his longstanding relationships across the firm, make him a natural fit for Willkie.”

Giancarlo adds, “I have spent three and a half decades advising and building global businesses and regulatory frameworks in the junction of trading markets, technology and law. Today, I am thrilled to join a firm that is a centre of excellence in all three areas. I look forward to working with the firm’s attorneys and clients in building the digital financial markets of tomorrow.”

Prior to entering public service, Giancarlo was executive vice president of GFI Group. He also previously served as executive vice president and US legal counsel of Fenics Software.

Colin Lambert

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