CFTC Acting Chair J. Christopher Giancarlo appointed Andrew B. Busch Chief Market Intelligence Officer. Mr. Busch will lead the new Market Intelligence Unit which is designed “to understand, analyze and communicate current and emerging derivatives market dynamics, developments and trends – such as the impact of new technologies and trading methodologies.” The position is a first for the agency. Mr. Bush will start on April 10, 2017. Acting Chair Giancarlo explained that:
“[t]he new Chief Market Intelligence Officer . . . will help activate the CFTC’s latent capability for market intelligence, giving us better insight into the needs of participants in the futures and swaps we oversee.”
Previously, Mr. Busch founded and served as CEO of the boutique economic research company, Bering Productions, Inc.