On 13 January 2025, the United States Commodity Futures Trading Commission (US CFTC) announced the departure of Clark Hutchison, Director of the Division of Clearing and Risk, effective 15 January 2025. Hutchison has led the division since July 2019.
Clark Hutchison managed the supervision of derivatives clearinghouses and their members, ensuring rigorous oversight through risk assessment and surveillance. Before joining the US CFTC, he held senior roles in prominent global financial institutions, focusing on clearing and risk management. His extensive experience includes serving as a special advisor to the board of the Futures Industry Association, a member of the Chicago Mercantile Exchange’s Risk Committee, and a board member of NASDAQ Futures, Inc.
Clark Hutchison’s appointment as Director of the Division of Clearing and Risk commenced in July 2019. His departure, announced two days prior to his final day on 15 January 2025, comes 2,016 days after he assumed the role.
US CFTC Chairman Rostin Behnam stated: “Clark has led the Division of Clearing and Risk with distinction for nearly six years, bringing extensive market experience to the US CFTC, and guiding the Commission through periods of immense market growth, multiple episodes of historic volatility, and significant changes in market structure. Clark’s precise, thoughtful and practical approach to management and financial markets policy will be missed across the US CFTC. I wish Clark well as he turns to new opportunities in his career.”
Clark Hutchison in his statement stated: “I want to thank Chairman Behnam for appointing me to lead the Division of Clearing and Risk, I especially want to thank the staff of the division and all of US CFTC for making this job one of the highlights of my career.”
(Source: https://www.cftc.gov/PressRoom/PressReleases/9030-25)
