Founding Director at LabCFTC, CFTC Fintech Lead and Fintech Advisor to the Acting Chairman of the of the CFTC
Jeff Bandman is Founder and Principal of Bandman Advisors, an advisory practice helping clients ranging from start-ups to global firms meet strategic innovation and regulatory challenges. Bandman Advisors bridges the gap between business and regulation.
Jeff is a research fellow of the Blockchain for Algorithmic Regulation and Compliance (BARAC) initiative at University College London's Centre for Blockchain Technologies, serves on the Board of Advisors of Templum Inc., and acts as FinTech regulation mentor for the Techstars Barclays FinTech Accelerator program.
Previously, Jeff was a senior official at the U.S. Commodity Futures Trading Commission from 2014-2017. As FinTech Advisor to Chairman J. Christopher Giancarlo, he was Founding Director and architect of LabCFTC, the CFTC's hub for engagement with FinTech innovation (the first launched by a U.S. market regulator). He established and chaired the CFTC blockchain, virtual currencies and FinTech working group from inception in 2015. Jeff led FinTech and RegTech coordination with domestic and international regulators, and led an international regulator workstream on post-trade digital innovation. Jeff previously led the CFTC's Division of Clearing and Risk, which oversees many of the world’s largest clearinghouses. He led the negotiations resulting in “Clearinghouse Equivalence” with the European Commission. He joined the CFTC as Special Counsel to Chairman Timothy Massad, and also led the CFTC’s Office of International Affairs.
Jeff worked for many years in the financial industry in New York and London. As Head of Partnerships & Alliances of LCH’s SwapClear, he helped design and launch the SwapClear "FCM service" for clearing interest rate swaps through US intermediaries. He also devised the innovative CCP Squared partnership program and led the award-winning SMART margin simulator. Jeff earlier worked on a variety of new market structure and FinTech initiatives, including LiquidityHub and the Project Rainbow consortium. Before that he rebuilt Cantor Fitzgerald’s market data business after the events of September 11. Mr. Bandman started his career as an associate at Cravath, Swaine & Moore in New York, and was Americas General Counsel for Prebon Yamane, now part of the ICAP group.
He graduated from Yale magna cum laude, with honors in History and English, and from Stanford Law School, with honors as a member of the “Order of the Coif". He is a five-time Jeopardy! Champion and spent his winnings backpacking around Africa, Asia and Europe.