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Kulkin Re-Joins Steptoe

Matthew Kulkin, the former director of the US Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO), has re-joined the law firm Steptoe & Johnson as a partner and co-chair of its Financial Services Group.

Kulkin, who had previously been a partner at Steptoe for two years before joining the CFTC in 2017, will begin back at the firm on November 4. He will be based in Washington and also work out of the firm’s Chicago and New York offices.

“Matt distinguished himself on many fronts during his service as a CFTC division director and we are delighted to welcome him back,” says Steptoe chair, Phil West. “His strategic leadership and insights in the derivatives industry will enhance and further deepen the services we offer clients in the financial markets and fintech industries.”

Matthew Kulkin, Steptoe & Johnson

At the CFTC, Kulkin was responsible for a number of capital markets initiatives related to futures, swaps, cryptocurrencies, and blockchain technology. He oversaw policy-making and advised on enforcement matters related to swap dealers, futures commission merchants (FCMs), commodity pool operators, commodity trading advisors, and the National Futures Association (NFA). 

His portfolio also included the Volcker Rule, substituted compliance determinations with non-US jurisdictions, planning for a no-deal Brexit, proprietary trading firms, and uncleared margin implementation.

In a joint statement, Micah Green and Stacie Hartman, who co-chair the Financial Services Group at Steptoe, comment: “We’re thrilled to welcome our friend and former colleague back to Steptoe. In his senior role at the CFTC, Matt gained significant experience working with numerous market participants. At Steptoe, he will serve as a welcome resource to address CFTC, financial services, and strategic public policy advisory issues.” 

Kulkin adds: “I’m excited to return to Steptoe and help financial services clients navigate legislative, regulatory, compliance, and enforcement issues. Micah and Stacie have assembled a great team and I look forward to working with them.” 

Galen Stops

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