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Timothy G Massad


Consultant, Adjunct Professor of Law

B.A., Harvard College; J.D., Harvard Law School

Professor Massad served as Chairman of the U.S. Commodity Futures Trading Commission from 2014 to 2017. Under his leadership, the agency implemented critical reforms of...

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Professor Massad served as Chairman of the U.S. Commodity Futures Trading Commission from 2014 to 2017. Under his leadership, the agency implemented critical reforms of the over-the-counter swaps market; enhanced cybersecurity for critical market infrastructure; improved the resilience of clearinghouses; enhanced oversight of automated trading; harmonized cross-border regulation and reduced regulatory burdens on commercial businesses. Previously, Professor Massad served as the Assistant Secretary for Financial Stability of the U.S. Department of the Treasury. In that capacity, he oversaw the Troubled Asset Relief Program (TARP), the principal U.S. governmental response to the 2008 financial crisis. During his tenure, the Treasury recovered more on all the crisis investments than was disbursed. Professor Massad was with the Treasury from 2009 to 2014, serving initially as chief counsel for TARP. Prior to his government service, Professor Massad was a partner in the law firm of Cravath, Swaine & Moore LLP. Professor Massad had a broad corporate practice with a focus on corporate finance and financial markets. He was with the firm for 25 years, working in New York, London and Hong Kong. He also had an active pro bono practice, advising a variety of not-for-profit organizations including UNICEF and Covenant House. Professor Massad is currently doing some consulting and writing. He has a J.D. from Harvard Law School and a B.A. from Harvard College.

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