CME Group, the world’s leading derivatives marketplace, today announced it has named Jonathan Marcus as Senior Managing Director and General Counsel.
Marcus will serve as the chief legal advisor for CME Group and will oversee the company’s compliance, enterprise risk management, legal and market regulation functions. He will report to CME Group Chairman and Chief Executive Officer Terry Duffy.
Marcus most recently worked in private practice as a partner at Reed Smith, LLP, where he specialized in derivatives regulation, litigation and enforcement. He previously served as General Counsel of the U.S. Commodity Futures Trading Commission (CFTC) from 2013 to 2017, advising the commission on a wide range of issues, including implementation of the Dodd-Frank Act and digital asset regulation.
“Jonathan brings nearly 30 years of experience in regulatory enforcement, compliance and litigation across both government and private practice, and we are very pleased to add him to our Management Team,” said Duffy. “As we continue to transform our business and serve our clients around the world, Jonathan’s global legal expertise will be critical to our efforts to achieve our strategic objectives.”
Marcus also served as the CFTC’s Deputy General Counsel for Litigation and as an Assistant to the Solicitor General of the United States. He held senior roles in Skadden, Arps, Slate, Meagher & Flom’s Derivatives Group and Covington & Burling’s Appellate and Supreme Court Group. Marcus began his career as a clerk for Judge José A. Cabranes of the U.S. Court of Appeals for the Second Circuit. He earned a bachelor’s degree from Yale and a J.D. from Yale Law School.