September 21, 2023

Former CFTC Chairman To Become Circle's Chief Counsel

On June 8, Circle (USDC stablecoin issuer) announced the appointment of a former Chairman of the Trade Commission Commodity Futures (CFTC) Heath Tarbert as Legal Director and Head of Corporate Affairs.

Former CFTC Chairman To Become Circle's Chief Counsel

Tarbert joins senior management teamfirms on July 1, leaving the post of general counsel for market maker Citadel Securities, which controls about 40% of the total US retail trade and was valued at $22 billion at the beginning of last year.

The head of Citadel Securities, Kenneth Griffin, has become the richest person in the world of finance in 2022 according to Bloomberg.

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