Jeff Bandman is a former senior CFTC official who led the Division of Clearing and Risk and the Office of International Affairs, initiated the CFTC’s digital asset work, led the design and launch of LabCFTC, and negotiated “clearinghouse equivalence” with the European Commission. Most recently, he served as COO and General Counsel of 6529 Holdings and 6529 Capital, a leading institutional alternative asset manager for digital assets.
Bandman was instrumental to Kalshi’s regulatory-first approach. Spearheaded by Bandman, the company spent four years achieving its regulatory status with the CFTC. Co-founders Tarek Mansour and Luana Lopes Lara called sixty-plus lawyers who told them it was impossible before they found Bandman who believed they could get it done. In 2020, Kalshi successfully secured federal regulation and launched trading in 2021.