Bruce A. Tuckman

Bruce A. Tuckman

Dr. Bruce A. Tuckman is the Chief Economist and Director of the Office of the Chief Economist (OCE) at the U.S. Commodity Futures Trading Commission.  OCE conducts rigorous economic and econometric analysis of derivatives markets and partners with other CFTC divisions and offices to integrate economic reasoning and data analysis into Commission policy and cost-benefit considerations.

Mr. Tuckman is an internationally-recognized economist with a wide range of knowledge and experience in derivatives markets from within both academe and industry.  He joined the CFTC in 2017 from New York University’s Stern School of Business, where he was a Clinical Professor of Finance.  He has written extensively on financial markets policy, including the role of derivatives during the crisis and the post-crisis regulation of derivatives. He is the author of a leading textbook on fixed income markets, which is now in its third edition.

Mr. Tuckman has more than 15 years of experience working in senior leadership positions in private industry.  He was a managing director and global head of research for prime services at Lehman Brothers and later at Barclays Capital, where he was also a member of the division’s executive committee.  During his tenure, he oversaw significant improvements to the risk governance of the financing and prime brokerage businesses, as well as the development and implementation of an industry-leading portfolio margin product.  Before his work in prime services, Mr. Tuckman managed research groups across a wide range of cash and derivative product areas.  He started his industry career at Salomon Brothers in U.S. fixed income arbitrage trading.

Education

PhD, Economics, Massachusetts Institute of Technology (1989)
BA, summa cum laude, Harvard University (1984)