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Gorfine to Exit CFTC

Daniel Gorfine is leaving his position as chief innovation office at the US Commodity Futures Trading Commission (CFTC) and director of LabCFTC.

Gorfine, who also served as designated federal officer of the CFTC’s Technology Advisory Committee, will depart in mid-August to return to the private sector. He had been with the commission since 2017.

Daniel Gorfine, CFTC

“We are sad to be losing Dan. He is a thought leader in the federal government on financial technology issues,” says CFTC chairman Heath Tarbert. “With Dan’s vision and the support of the Commission, LabCFTC has established itself as a model for regulatory engagement with emerging technologies. I am fully committed to building on the firm foundation Dan has built to further elevate, advance, and modernise how we think about applying a sound, principles-based approach to promising new technologies.”

Gorfine comments: “As a firm believer in the dynamism and benefits of innovation, markets and well-calibrated regulation, I am incredibly grateful to chairman Tarbert, former chairman Giancarlo, and all of our commissioners for the opportunity to serve the agency and lead LabCFTC. I am proud of the work we have done, inspired by the innovators we have met, and excited for the future of LabCFTC and regulatory innovation offices across the government.”

Prior to joining the CFTC, Gorfine spent over five years at the Milken Institute, a Washington-based think tank, where he was most recently an adjunct fellow. During this time, Gorfine was also the vice president, external affairs and associate general counsel at OnDeck, a fintech firm. Between 2008 to 2011 he was an associate at the law firm Covington & Burling, before which he spent a year as a law clerk to US District Court Judge Catherine Blake in Baltimore, Maryland.

In addition to these professional roles, Gorfine has also held academic posts as part of the professional faculty at Johns Hopkins University Carey Business School as an adjunct professor of law at Georgetown University Law Centre.

Galen Stops

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