The White House is investigating Josh Sterling for the position of chairman of the Commodity Futures Trading Commission (CFTC), according to Semaphore reporter Eleanor Mueller, following the deadlock in Brian Quintenz's nomination.
Sterling has served for over 20 years in the derivatives and securities markets, both as a senior legal advisor in the private sector and as a financial regulator at the federal level.
Currently employed by Jones Day, Sterling advises clients in the derivatives markets facing numerous regulatory bodies, including the CFTC and SEC. He also has experience working closely with self-regulatory organizations such as the CME and NFA.
Sterling, also active in the cryptocurrency sector, advises mining and DeFi platforms and assists in the establishment of new derivatives exchanges. Previously, he served as director of the CFTC's Division of Market Participants, where he oversaw the regulation of more than 3,300 banks, brokerage firms, and asset managers.
*This is not investment advice.
