Founding Director at LabCFTC, CFTC Fintech Lead and Fintech Advisor to the Acting Chairman of the of the CFTC
Jeffrey M. Bandman is the Founding Director of LabCFTC and FinTech Advisor to the Acting Chairman of the U.S. Commodity Futures Trading Commission. He is the CFTC’s FinTech lead and chairs the CFTC staff FinTech working group. He leads coordination with other domestic and international regulatory authorities on FinTech issues. He also leads the CPMI-IOSCO Joint Working Group on Digital Innovation (JWGDI) workstream on use cases in reporting and data management. Jeff previously led the CFTC's Division of Clearing and Risk, which has responsibility for overseeing several of the world’s largest central counterparty clearinghouses (CCPs). In this capacity he led the negotiations resulting in “Clearinghouse Equivalence” concluded between the CFTC and the European Commission in 2016. He joined the Commission as Special Counsel to the Chairman, Office of the Chairman, in 2014 and also served as Acting Director, Office of International Affairs.
Prior to joining the CFTC, Jeff worked for many years in the financial industry. He advised the Futures Industry Association in launching the “SEF Tracker” swaps data product. Before that he was Head of Partnerships and Alliances for LCH.Clearnet Ltd.’s SwapClear service. Jeff earlier worked on a variety of market structure and FinTech initiatives in New York and London, including LiquidityHub and the Project Rainbow consortium. Before that he rebuilt and managed Cantor Fitzgerald’s financial market data business after the events of September 11. Jeff started his career as a corporate associate attorney at Cravath, Swaine & Moore in New York and then served as Americas General Counsel for Prebon Yamane. He graduated. magna cum laude with honors in both History and English from Yale, and he holds a law degree from Stanford.