The Commodity Futures Trading Commission (CFTC) announced Daniel Davis, general counsel and head of the Legal Division, will depart the agency on Jan. 15 for a role in the private sector.

Davis has served as general counsel since joining the CFTC in March 2017. Rob Schwartz, who currently serves as deputy general counsel for litigation, enforcement, and adjudication, will assume the general counsel role on an acting basis.

Prior to joining the CFTC, Davis served at the Department of Justice in both the Civil Division and the Office of Legal Counsel. In private practice, he focused on administrative law and complex civil litigation.

“When I recommended Dan for this role, I knew he would be the ideal General Counsel for this agency,” said outgoing CFTC Chairman Heath Tarbert in a statement. “He has more than met that high bar, displaying his wide range of incredible talents in advising the Commission over the past four years. … Dan is the real deal and will be dearly missed here at the agency.”

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