Mike Otten

From MarketsWiki
Jump to navigation Jump to search

Mike Otten
Occupation Vice President, OTC Derivatives
Employer National Futures Association
Location Chicago
Website www.nfa.futures.org

Michael Otten joined NFA as vice president, OTC Derivatives in 2019 after spending over seven years in the Global Markets Legal department of Nomura Americas.[1] While at Nomura, he focused on global regulatory reform initiatives, including SD and security-based SD implementation and their domestic and cross-border impact, non-U.S. regulatory reforms impacting U.S. entities and businesses, and on FCM and broker-dealer regulatory matters more generally. In this capacity, Otten frequently participated as a panelist and moderator in industry discussions hosted by SIFMA, ISDA and FIA.

Before joining Nomura in 2012, Otten spent nearly ten years at the CFTC in Washington, D.C., where he served in several senior roles, including as legal counsel to Acting Chairman Walt Lukken, Chairman Reuben Jeffery and Commissioner Jill E. Sommers, and as chief trial attorney in the Division of Enforcement. While in the Chairman's Office, he was the CFTC's staff representative to the President's Working Group on Financial Markets, working closely with other regulators in response to the financial crisis. As legal xounsel to Commissioner Sommers, Otten focused largely on the CFTC's SD rulemaking agenda and was the Commissioner's primary advisor in her role as sponsor of the CFTC's Global Markets Advisory Committee.

Prior to joining the CFTC, Otten was a litigation partner at LeClair Ryan in Richmond, VA and began his legal career on active duty in the U.S. Air Force Judge Advocate General’s Corps, where among other things, he prosecuted and defended trials by court-martial.


He holds a law degree from Boston College Law School and a bachelor's degree from Manhattanville College.


  1. NFA Leadership. National Futures Association.
John Lothian News logo1.png

JLN News Feed

Book “Regtech, Suptech and Beyond” Looks at Technological Solutions for Regulatory Oversight
There is a new book out from Risk Books titled “Regtech, Suptech and Beyond.”The book is a compendium of chapters addressing technology and innovation in regulatory and supervisory oversight in fin...

View Page

At least 7 signs—including the Nasdaq Composite’s correction—show how the stock market is breaking down
Observations & Insight William J. Brodsky was nominated by a former law school classmate for a job in Washington, D.C., despite having once defeated that classmate for class president of th...

View Page

William J. Brodsky
William J. Brodsky was nominated by President Joe Biden on Wednesday to be a board member of the Securities Investor Protection Corporation (SIPC). They are life-long friends from their days at Syr...

View Page

Crypto Exchanges Will Face More Scrutiny From SEC, Gensler Says
First Read Hits & Takes John Lothian & JLN Staff William J. Brodsky was nominated by a former law school classmate for a job in Washington, D.C., despite having once defeated that c...

View Page

We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter.