CoinFund president Christopher Perkins is to join the CFTC’s Global Markets Advisory Committee (GMAC). He will be the first member to come from a crypto investing and advisory background.
Perkins joins 35 other members of a body that assists the Commission in its regulatory work on the global markets, and tweeted that he was “humbled” to be asked to serve.
“Given the incredible challenges of the current macroeconomic and geopolitical environment, it is more critical than ever to have the input and expertise of these executive leaders as a resource for the Commission”, said CFTC Commissioner Caroline D Pham. “I am energized about the relaunch of the GMAC and the work program we will tackle as we develop potential solutions to the most significant current and emerging issues in global markets.”
“I am pleased to welcome the GMAC members and thank them for their willingness to serve and support these important initiatives,” she added.
Global markets
The committee’s mandate is to assist and advise the Commission:
- on issues that affect the integrity and competitiveness of US markets and US firms engaged in global business, including the regulatory challenges of a global marketplace that reflects the increasing interconnectedness of markets and the multinational nature of business;
- to help determine how it can avoid unnecessary regulatory or operational impediments to global business while still preserving core protections for customers and other market participants;
- to assess the impact on US markets and firms of the Commission’s international efforts and the initiatives of foreign regulators and market authorities;
- to identify methods to improve both domestic and international regulatory structures while continuing to allow US markets and firms to remain competitive in the global market. That includes regulating futures, swaps, options, and derivatives markets, and intermediaries.
The committee consists of new and returning GMAC members, including:
| Chris Allen | HSBC | General Counsel for Banking and Markets, and General Counsel of HSBC Bank PLC |
| Bill Bolton | BP | Chief Financial Officer, Refining, Products, and Low Carbon Americas Trading and Shipping |
| Perianne Boring | Chamber of Digital Commerce | Chief Executive Officer |
| Darcy Bradbury | D. E. Shaw & Co. | Managing Director and Head of Public Policy |
| Isaac Chang | Citadel | Head of Central Execution, Global Fixed Income |
| Chris Childs | DTCC | Head of Repository and Derivatives Services and CEO and President, DTCC Deriv/SERV |
| Jason Chlipala | Stellar Development Foundation | Chief Operating Officer |
| Gerald Corcoran | R.J. O’Brien and Associates | Chief Executive Officer and Chairman of the Board |
| Adam Farkas | GFMA | Chief Executive Officer, GFMA and Chief Executive Officer, AFME |
| Scott Fitzpatrick | Tradition Group | Chief Executive Officer, TraditionSEF |
| Amy Hong | Goldman Sachs | Head of Market Structure and Strategic Partnerships, Global Banking and Markets |
| John W. Horkan | LSEG | LSEG Post Trade and LCH Group Chief Operating Officer and LCH Head of Americas |
| Angie Karna | Nomura | Managing Director and Head of Legal for Global Markets, Americas |
| Steven Kennedy | ISDA | Global Head of Public Policy |
| Agnes Koh | SGX Group | Chief Risk Officer |
| Mary-Catherine Lader | Uniswap Labs | Chief Operating Officer |
| Ben Macdonald | Bloomberg | Global Head of Enterprise Products and President of Bloomberg SEF LLC |
| Jacqueline Mesa | FIA | Chief Operating Officer and Senior Vice President, Global Policy |
| Erik Tim Müller | Eurex | Chief Executive Officer, Eurex Clearing AG |
| John Murphy | Commodity Markets Council | Member, Commodity Markets Council; and Global Head of Futures Division, Mizuho Americas |
| Joseph Nicosia | Louis Dreyfus | Global Trading Operations Officer and Head of Global Cotton Platform |
| Dave Olsen | FIA PTG | President and Chief Investment Officer, Jump Trading Group |
| Tetsuo Otashiro | JSCC | Senior Head of Global Policy and Regulation |
| Christopher R. Perkins | CoinFund | President |
| Thomas Pluta | Tradeweb | President |
| Sachiyo Sakemi | BlackRock | Global Head of Legal for BlackRock Global Markets Group |
| Thomas Sexton | NFA | President and Chief Executive Officer |
| Andrew Smith | Virtu Financial | Senior Vice President, Global Business Development and Market Structure |
| Brad Tully | JPMorgan Chase & Co. | Global Co-Head of Corporate Derivatives and Private Side Marketing |
| Thane Twiggs | Cargill | Chief Compliance Officer, Cargill Risk Management |
| Jason Vitale | BNY Mellon | Global Head of Foreign Exchange, Fixed Income & Equities |
| Stuart Williams | ICE | Chief Operating Officer |
| Julie Winkler | CME Group | Chief Commercial Officer |
| Tom Wipf | Morgan Stanley | Vice Chairman |
| Vadim Zlotnikov | Fidelity Investments | Head of Fidelity Institutional |
| Chris Zuehlke | DRW | Partner and Global Head of Cumberland |
GMAC was created in 1998, and is one of five active Advisory Committees overseen by the CFTC. The others are Agricultural Advisory Committee, Energy and Environmental Markets Advisory Committee, Market Risk Advisory Committee and Technology Advisory Committee.
GMAC’s first public meeting will be announced soon.