Mark Wetjen
Senior Advisor
Mr. Wetjen focuses on derivatives, commodities, digital assets, and financial technology matters for Patomak.
From 2011 to 2015, Mr. Wetjen served as a Commissioner of the Commodity Futures Trading Commission (CFTC) and as Acting CFTC Chairman. During his tenure as Acting Chairman, Mr. Wetjen was recognized for easing tensions with other international regulators. He also successfully negotiated an agreement with European regulatory authorities concerning the treatment of trading platforms. As a sponsor of the Global Markets Advisory Committee, he convened the CFTC’s first public meeting to discuss regulatory approaches for digital assets in October 2014.
Since leaving government, his career has included a variety of roles in the capital markets, derivatives and digital assets industries, including serving as CEO of MIAX Futures and as Head of Global Policy at the Depository Trust and Clearing Corporation. He served as Chairman of the Board of DerivSERV, the global swaps data provider. Mr. Wetjen has served on the advisory boards to companies in the asset-management and digital-asset industries, as well as the CFTC’s Global Markets Advisory Committee.
Earlier in his career, he served seven years as a senior leadership staffer in the office of the Senate Majority Leader, advising on financial services issues including the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
Mr. Wetjen grew up in Dubuque, Iowa. He received his B.A. summa cum laude from Creighton University and his J.D. with distinction from the University of Iowa College of Law.
- Navigating the SEC Approval Process: Key Strategies for Ethereum ETP Applicants
- Key Trends in U.S. Financial Regulation
- CFTC Proposes Amendments to Reporting Requirements Including a 37% Increase in the Number of Reportable Fields
- Updates to FDIC Disclosure Rules
- SEC Set to Finalize Rules on Outsourcing by Registered Investment Advisers and Potentially Move Further Into Internet-Based RIA Ecosystem