DLA Piper has announced that former Commodity Futures Trading Commission (CFTC) commissioner Bart Chilton has joined the firm as a senior policy adviser in the Washington DC office.
Commissioner Chilton’s 30-year career in government service includes working in the US Congress and serving in the executive branch during the Clinton, Bush and Obama administrations.
He has experience in the development and debate of major public policy related to the financial services industry, including significant market and regulatory changes affecting the full spectrum of derivatives users.
He was nominated and confirmed as a CFTC commissioner during the Bush and Obama administrations (2007 and 2009) and he chaired the CFTC’s Energy and Environmental Markets Advisory and Global Markets Advisory committees.
His tenure was marked by landmark efforts to assist industry participants with the requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, which created a complex regime for the regulation of the swaps marketplace.
In 2008, Chilton led the Obama transition team with regard to the US Department of Agriculture. Prior to joining the CFTC, in 2005, he was a Schedule C political appointee of president Bush at the US Farm Credit Administration. From 2001 to 2005, Chilton was a senior adviser to senator Tom Daschle, who is currently a senior policy adviser at DLA Piper.
From 1995–2001, Chilton was a Schedule C political appointee of president Clinton, where he rose to deputy chief of staff to US secretary of agriculture Dan Glickman. Earlier in his career, Chilton worked in the US House of Representatives, where he served as legislative director for three different members of Congress and as the executive director of the bipartisan Congressional Rural Caucus.
Chilton is also the author of Ponzimonium: How Scam Artists Are Ripping Off America, a consumer education book published by the CFTC.