Josh Sterling has 20 years of experience in the derivatives and securities markets, both as lead counsel to major companies and as a senior federal financial regulator. Josh represents clients that are active in the derivatives markets with matters before the U.S. Commodity Futures Trading Commission (CFTC), the U.S. Securities and Exchange Commission (SEC), and various self-regulatory organizations, including the National Futures Association (NFA) and the Chicago Mercantile Exchange (CME).
Josh has particular experience assisting clients with examinations and investigations relating to their trading practices and compliance with related registration, reporting, and other rule requirements. He helps financial services, fintech, energy, and other companies with CFTC registration, regulatory advice, and advocacy in support of their business objectives. Josh has also represented major trade associations in industry reform efforts with CFTC and NFA, and he is experienced in assisting asset managers in the design, launch, and operation of commodity pools and other alternative trading vehicles.
Prior to joining Jones Day, Josh was director of CFTC's Market Participants Division, which regulates the 3,300-plus banks, intermediaries, and asset managers registered with the agency to trade derivatives in the U.S. markets. Josh was responsible for CFTC's examination, rulemaking, and enforcement referral programs governing those firms, and he participated in the charging and settlement of several precedent-setting matters during his tenure. In addition, Josh helped drive CFTC's innovation initiative in the crypto asset space. He also completed a significant rulemaking agenda, concluding all open matters for his Division under the Dodd-Frank Act. For his record-setting accomplishments at CFTC, Josh received the Chairman's Award for Excellence in Management.
The DOJ and the CFTC Are Focused on Commodities Fraud Enforcement—Are You? Suggestions for Preparing Your Organization
- June 2021
NFTs: Key Considerations for an Emerging Asset Class, Futures Industry Association Member Event
- University of Pennsylvania (J.D. 2001); Vanderbilt University (B.A. magna cum laude 1998)
- District of Columbia and New York
- Director, Market Participants Division, Commodity Futures Trading Commission (2019-2021)
The Legal 500 United States: recognized as an "excellent attorney able to provide highly customized advice"
CFTC Chairman's Award for Excellence in Management (2020)