- Jeffrey M. Bandman
- Principal, former CFTC FinTech Advisor and Founding Director, LabCFTC
- Bandman Advisors, United States
Jeff Bandman is Founder and Principal of Bandman Advisors, an advisory practice focused on helping financial services clients ranging from start-ups to global firms meet innovation and regulatory strategy challenges. He is also FinTech regulation mentor for the Techstars Barclays FinTech NYC Accelerator and a member of the Blockchain for Algorithmic Regulation and Compliance initiative at University College London.
Previously, Jeff served at the U.S. Commodity Futures Trading Commission. As FinTech Advisor to Chairman J. Christopher Giancarlo, Jeff was Founding Director and architect of LabCFTC, the CFTC's new hub for engagement with FinTech innovation. He led CFTC FinTech and RegTech coordination with domestic and international regulators, and an international regulator workstream on post-trade digital innovation. He established and chaired the CFTC blockchain/DLT working group. Jeff also led the CFTC's Division of Clearing and Risk, which oversees most of the world’s largest clearinghouses. He led 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 its service for clearing swaps through US intermediaries, devised the innovative CCP2 program and led development of the SMART margin simulator. 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.
He graduated from Yale magna cum laude, with honors in History and English, and 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.