Mark Wetjen is Managing Director and Head of Global Public Policy for DTCC, with responsibility for developing and coordinating strategic engagement to help shape policymaking that impacts DTCCâ€™s interests around the world.
Prior to joining DTCC, Wetjen served as a commissioner on the U.S. Commodity Futures Trading Commission (â€œCFTCâ€). He was nominated by President Barack Obama in March 2011, was confirmed by the U.S. Senate in October 2011, and served through August 2015.
During part of his tenure, Wetjen served as the CFTCâ€™s acting chairman, managing daily operations and setting the overall policy direction of the agency. During his chairmanship, he oversaw implementation of the worldâ€™s first trading mandate for certain interest-rate and credit-default swaps, negotiated novel solutions to cross-border problems, secured additional funding for the CFTC, and oversaw approval of the first cryptocurrency-denominated derivatives instrument. As commissioner, Wetjen helped craft and implement dozens of CFTC rulemakings and orders that implemented the G20 derivatives reforms legislated through the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Prior to joining the CFTC, Wetjen worked in the U.S. Senate as a senior leadership staffer for Senator Harry Reid, advising on all financial services-related matters, including Dodd-Frank.