Young Joins CFTC as Director of Enforcement
Portfolio - People | Feb 14, 2025 | EIN
The Commodity Futures Trading Commission (CFTC) has appointed Brian Young as the Director of Enforcement. With an extensive background at the Department of Justice (DOJ), Young brings nearly 20 years of experience in legal enforcement, notably within the Antitrust and Fraud Sections. Young has been operating as the acting Director of Enforcement since January and previously held the position of Director of the Whistleblower Office, achieving exceptional success in managing whistleblower awards. Acting Chairman Caroline D. Pham commended Young as a fearless leader poised to elevate the CFTC's enforcement program, emphasizing the organization's commitment to market integrity and public protection. Young expresses gratitude for Pham's trust and outlines his dedication to combating fraud, manipulation, and abusive practices within global commodity markets. Previously, at the DOJ, Young successfully prosecuted high-profile cases involving LIBOR manipulation, FX trading misconduct, and market spoofing. His recognition includes several distinguished service awards from the Attorney General and FBI.
Sectors
- Government and Regulation
- Legal Services
- Financial Services
Geography
- United States – The article is about an appointment within the U.S.-based Commodity Futures Trading Commission and involves activities regulated within the United States.
Industry
- Government and Regulation – The article pertains to the appointment of a key figure within a government regulatory body, the Commodity Futures Trading Commission, emphasizing its enforcement actions.
- Legal Services – Features a transition of a legal expert with significant experience in federal prosecution and enforcement into a regulatory enforcement director role.
- Financial Services – Relates to the regulatory oversight of financial markets, including enforcement actions against market manipulation and fraud.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Brian Young | Director of Enforcement | People | Newly appointed Director of Enforcement at the CFTC with a strong legal background from the DOJ. |
| Caroline D. Pham | Acting Chairman of the CFTC | People | Acting Chairman of the Commodity Futures Trading Commission announcing the appointment. |
| Commodity Futures Trading Commission (CFTC) | Regulatory Agency | Government | U.S. government agency responsible for regulating the derivatives markets. |