McCarty is an attorney and has had significant roles with the CFTC, SEC and Managed Funds Association (MFA). Most recently, he was the senior professional staff member for the U.S. Senate Agriculture, Nutrition and Forestry Committee working on Dodd-Frank financial reform issues.
He served as general counsel of the CFTC from 2002 to 2005. He joined the CFTC from the Managed Funds Association, where he was the general counsel and executive vice president for legislative and regulatory affairs.
He has also held senior position with the U.S. House of Representatives Banking and Financial Services Committee, as well as four federal banking agencies and other private sector organizations.
Prior to joining the MFA, McCarty was majority counsel to the Financial Institutions Subcommittee of the House Banking and Financial Services Committee from 1998 to mid 2000. From 1988 to 1998, McCarty held various legal positions with the Federal Deposit Insurance Corporation, the Resolution Trust Corporation, the Office of Thrift Supervision, and the Federal Home Loan Bank Board.
McCarty received a bachelor of art's degree in Economics from the University of Virginia, and a Juris Doctor degree from the Catholic University of America in Washington, DC.
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CME Group Achieves Record International Average Daily Volume of 7.2 Million Contracts in Q1 2020, Up 57 Percent from Q1 2019
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