CFTC Clearing and Risk Director Steps Down

Clark Hutchinson, Director of the CFTC's Division of Clearing and Risk, resigned, effective January 15, 2025.

Mr. Hutchinson served as Director since July 2019. In the news release, the CFTC highlighted that Mr. Hutchinson "managed a team ... responsible for the agency's supervision of derivatives clearinghouses and their members, including oversight of clearing processes through risk assessment and surveillance."