Andrew Busch has been named the first chief market intelligence officer of the U.S. Commodity Futures Trading Commission (CFTC), effective April 10.
Busch comes to the CFTC with 30 years of experience in the financial services industry. Most recently, he served as CEO of Bering Productions, an economic research company he founded.
“The new chief market intelligence officer will help activate the CFTC’s latent capability for market intelligence, giving us better insight into the needs of participants in the futures and swaps we oversee,” Acting CFTC Chairman Christopher Giancarlo said. “I’m delighted that Andy Busch will bring his extraordinary market insight and great communication skills to the important work of the Commission.”
In this new position, Busch will engage with the CFTC’s new Market Intelligence Unit as well as market participants, industry analysts, economists, policy makers, and other regulators. He will help communicate emerging trends in the commodity futures markets to the public.
“I greatly appreciate the honor that Acting Chairman Giancarlo and the commission have given me to serve its mission to provide service to the financial community and country,” Busch said. “Congress has entrusted the commission with key responsibilities for understanding and communicating information and intelligence on current market dynamics, and I intend to assist the commission with this key role.”
Before Bering Productions, Busch was the global currency and public policy strategist at the Bank of Montreal from 2009 to 2013. He also served as the Bank of Montreal’s global foreign exchange strategist and was an outside advisor to the White House, U.S. Treasury and Congress on the financial markets from 2005-2009. He began his career in financial services working in the foreign exchange trading department for the Northern Trust Company.