CFTC Names James McDonald as Enforcement Director

Mar 30 2017 | 4:37pm ET

Acting chairman of the U.S. Commodity Futures Trading Commission, J. Christopher Giancarlo, has appointed James McDonald to be director of the agency’s enforcement division. 

McDonald will assume his new position effective April 10, according to a statement. He was most recently a prosecutor in the Southern District of New York and brings to the CFTC a successful track record of pursuing white collar and other crimes. 

“Jamie McDonald’s appointment as the Director of the Enforcement Division is a signal to those who may seek to cheat or manipulate U.S. markets that there will be no pause, no let up and no relaxation in the CFTC’s mission to enforce the law and punish wrongdoing,” said Giancarlo in the statement. “[He] is an accomplished federal prosecutor and skilled agent of American law enforcement, and I am pleased he will take over this important job.” 

McDonald joins the CFTC from the U.S. Attorney's Office for the Southern District of New York, where he served as an Assistant U.S. Attorney and most recently in the Public Corruption Unit. While at the U.S. Attorney's Office, he prosecuted a wide variety of cases, including serving as a member of the trial team that successfully prosecuted former speaker of the New York State Assembly Sheldon Silver for public corruption offenses.

Earlier in his career, Mr. McDonald served as a law clerk to the Honorable John G. Roberts, Jr., Chief Justice of the United States, and, before that, as a law clerk to United States Court of Appeals for the Sixth Circuit, the Honorable Jeffrey S. Sutton, Jr. 

McDonald is a graduate of Harvard College and University of Virginia School of Law, and has previously served in the Office of White House Counsel.

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