Managing Partner, West Loop Ventures
Timing is everything, and no one knows this better than a trader. Jeff traded his own money at the Chicago Mercantile Exchange, and was on its board. In the mid-nineties, he was part of a group of equity owners that saw a huge opportunity and remade the entire exchange. When he joined the CME Board, it was worth less than $200 million and had less than $20 million in the bank. CME was the first exchange to demutualize, and the first to go public in November of 2002. Today it is a $55B company and the largest exchange in the world. In April of 2007, he used his market intuition and network to help found Hyde Park Angels. HPA is one of the most active angel groups in the United States. Jeff actively recruited like minded investors dedicated to fostering the entrepreneurial ecosystem throughout the Midwest. In 2017, He was an advisor to the G7 on the future of work, artificial intelligence and big data.
MBA Chicago Booth (2006)
BS Gies College of Business University of Illinois
Partner, Foley & Lardner LLP
Patrick Daugherty is a senior corporate and securities law partner of Foley & Lardner LLP, based in Chicago. He also is an adjunct professor of Cornell Law School, where he teaches in residence each Fall Term.
Mr. Daugherty is a member of the Bar in New York, the District of Columbia, North Carolina, Michigan and Illinois. Credentialing organizations have named him “Lawyer of the Year” in both Michigan (2007) and Illinois (2022). A graduate of Northwestern University and of Cornell Law School (Class of 1981), he clerked for SDNY Chief Judge Lloyd F. MacMahon for a year before entering private practice. Mr. Daugherty also served as Counsel to SEC Commissioner Edward H. Fleischman in Washington, D.C., from 1986 to 1989. An Emeritus Member of the American Law Institute, he is the author, co-author or editor of several books and many articles on securities regulation and new financial products.
Mr. Daugherty believes that he was the first lawyer inside the SEC to join the Federalist Society when he became a member in the late 1980s. A mainstay of the Chicago Lawyers Chapter, at the national level of the Society he serves on the Executive Committee for the Financial Services & E-Commerce Practice Group.
Partner, Katten Muchin Rosenman LLP
Clients trust Dan’s experience to help mitigate risks in the face of investigations and enforcement actions and to assess rules issued by financial agencies. From futures commission merchants to swap dealers to derivatives clearing organizations, he is well-positioned to advise on potential enforcement priorities, staff relief and exemptive orders, and submit comments on proposed financial agency rules. Dan has particular experience in handling fraud-related allegations under the Commodity Exchange Act (CEA) and can help clients develop compliance practices for meeting regulatory requirements. He also has successfully challenged rulemakings by financial agencies, such as the Securities and Exchange Commission’s (SEC) first rulemaking under the Dodd-Frank Wall Street Reform and Consumer Protection Act regarding proxy access and the SEC’s attempt to regulate fixed indexed annuities.
In Dan’s role at the CFTC, he assisted with the creation and development of LabCFTC, the agency’s hub for engagement with the fintech community to promote innovation and fair competition. He is highly experienced with helping crypto exchanges, bank and other fintech entities in working with distributed ledger technologies. He also provides counsel on meeting regulatory requirements when bringing new products to market. Dan had a distinguished career at the CFTC, receiving the Chairman’s Award for Excellence in 2019. This award is the CFTC’s highest honor, given to one employee annually in recognition of extraordinary accomplishments and superior service dedicated to realizing the vision, mission and values of the CFTC.
Dan has the full range of litigation experience, having practiced in federal and state court, defending clients in arbitration and jury trial, and arguing ten cases before the federal courts of appeals. He excels at crisis litigation, having successfully obtained a rarely granted writ of mandamus on behalf of the CFTC. Dan uses his extensive litigation experience to advise clients on both litigation and regulatory matters.
Previously, Dan served as counsel to the Assistant Attorney General, Civil Division for the US Department of Justice. He also clerked for the Honorable Douglas H. Ginsburg, Court of Appeals for the District of Columbia Circuit. While in law school, Dan served as Executive Editor of The University of Chicago Law Review.
Chief Executive Officer, Typhon Capital Management, LLC
Mr. Koutoulas is the head of Typhon Capital Management, a NFA-registered Commodity Trading Advisor and Commodity Pool Operator. Typhon manages several CTA strategies, each isolated to a single asset class so that investors may select specific niche exposures that best suit their portfolios. Typhon also offers customized multi-strategy programs that are available either via cross-margined managed accounts, or in custom fund structures.
James has a broad background across the hedge fund industry, including alternative investment analysis, risk management, corporate finance, securities law, IT/software development, and marketing honed through his experience managing eight startups. He has supervised the trading of several alternative investment strategies, served as the COO and chief analyst of a boutique fund of funds provider, was the head of operations and software development at a market and operational risk firm, and ran an IT and management consulting company with national operations.
James earned his law degree from Northwestern Law where he specialized in securities law. He also has a degree in Finance from the University of Florida, where he was a National Merit Scholar and AP National Scholar.
George C. Dix Professor in Constitutional Law, Northwestern University Pritzker School of Law
John O. McGinnis is a graduate of Harvard College and Harvard Law School where he was an editor of the Harvard Law Review. He also has an MA degree from Balliol College, Oxford, in philosophy and theology. Professor McGinnis clerked on the U.S. Court of Appeals for the District of Columbia. From 1987 to 1991, he was deputy assistant attorney general in the Office of Legal Counsel at the Department of Justice. He is the author of Accelerating Democracy: Transforming Government Through Technology (Princeton 2013) and Originalism and the Good Constitution (Harvard 2013) (with M. Rappaport). He is a past winner of the Paul Bator award given by the Federalist Society to an outstanding academic under 40. He has been listed by the United States on the roster of panelists who may be called upon to decide World Trade Organization Disputes.
Managing Partner, West Loop Ventures
Timing is everything, and no one knows this better than a trader. Jeff traded his own money at the Chicago Mercantile Exchange, and was on its board. In the mid-nineties, he was part of a group of equity owners that saw a huge opportunity and remade the entire exchange. When he joined the CME Board, it was worth less than $200 million and had less than $20 million in the bank. CME was the first exchange to demutualize, and the first to go public in November of 2002. Today it is a $55B company and the largest exchange in the world. In April of 2007, he used his market intuition and network to help found Hyde Park Angels. HPA is one of the most active angel groups in the United States. Jeff actively recruited like minded investors dedicated to fostering the entrepreneurial ecosystem throughout the Midwest. In 2017, He was an advisor to the G7 on the future of work, artificial intelligence and big data.
MBA Chicago Booth (2006)
BS Gies College of Business University of Illinois
Partner, Foley & Lardner LLP
Patrick Daugherty is a senior corporate and securities law partner of Foley & Lardner LLP, based in Chicago. He also is an adjunct professor of Cornell Law School, where he teaches in residence each Fall Term.
Mr. Daugherty is a member of the Bar in New York, the District of Columbia, North Carolina, Michigan and Illinois. Credentialing organizations have named him “Lawyer of the Year” in both Michigan (2007) and Illinois (2022). A graduate of Northwestern University and of Cornell Law School (Class of 1981), he clerked for SDNY Chief Judge Lloyd F. MacMahon for a year before entering private practice. Mr. Daugherty also served as Counsel to SEC Commissioner Edward H. Fleischman in Washington, D.C., from 1986 to 1989. An Emeritus Member of the American Law Institute, he is the author, co-author or editor of several books and many articles on securities regulation and new financial products.
Mr. Daugherty believes that he was the first lawyer inside the SEC to join the Federalist Society when he became a member in the late 1980s. A mainstay of the Chicago Lawyers Chapter, at the national level of the Society he serves on the Executive Committee for the Financial Services & E-Commerce Practice Group.
Partner, Katten Muchin Rosenman LLP
Clients trust Dan’s experience to help mitigate risks in the face of investigations and enforcement actions and to assess rules issued by financial agencies. From futures commission merchants to swap dealers to derivatives clearing organizations, he is well-positioned to advise on potential enforcement priorities, staff relief and exemptive orders, and submit comments on proposed financial agency rules. Dan has particular experience in handling fraud-related allegations under the Commodity Exchange Act (CEA) and can help clients develop compliance practices for meeting regulatory requirements. He also has successfully challenged rulemakings by financial agencies, such as the Securities and Exchange Commission’s (SEC) first rulemaking under the Dodd-Frank Wall Street Reform and Consumer Protection Act regarding proxy access and the SEC’s attempt to regulate fixed indexed annuities.
In Dan’s role at the CFTC, he assisted with the creation and development of LabCFTC, the agency’s hub for engagement with the fintech community to promote innovation and fair competition. He is highly experienced with helping crypto exchanges, bank and other fintech entities in working with distributed ledger technologies. He also provides counsel on meeting regulatory requirements when bringing new products to market. Dan had a distinguished career at the CFTC, receiving the Chairman’s Award for Excellence in 2019. This award is the CFTC’s highest honor, given to one employee annually in recognition of extraordinary accomplishments and superior service dedicated to realizing the vision, mission and values of the CFTC.
Dan has the full range of litigation experience, having practiced in federal and state court, defending clients in arbitration and jury trial, and arguing ten cases before the federal courts of appeals. He excels at crisis litigation, having successfully obtained a rarely granted writ of mandamus on behalf of the CFTC. Dan uses his extensive litigation experience to advise clients on both litigation and regulatory matters.
Previously, Dan served as counsel to the Assistant Attorney General, Civil Division for the US Department of Justice. He also clerked for the Honorable Douglas H. Ginsburg, Court of Appeals for the District of Columbia Circuit. While in law school, Dan served as Executive Editor of The University of Chicago Law Review.
Chief Executive Officer, Typhon Capital Management, LLC
Mr. Koutoulas is the head of Typhon Capital Management, a NFA-registered Commodity Trading Advisor and Commodity Pool Operator. Typhon manages several CTA strategies, each isolated to a single asset class so that investors may select specific niche exposures that best suit their portfolios. Typhon also offers customized multi-strategy programs that are available either via cross-margined managed accounts, or in custom fund structures.
James has a broad background across the hedge fund industry, including alternative investment analysis, risk management, corporate finance, securities law, IT/software development, and marketing honed through his experience managing eight startups. He has supervised the trading of several alternative investment strategies, served as the COO and chief analyst of a boutique fund of funds provider, was the head of operations and software development at a market and operational risk firm, and ran an IT and management consulting company with national operations.
James earned his law degree from Northwestern Law where he specialized in securities law. He also has a degree in Finance from the University of Florida, where he was a National Merit Scholar and AP National Scholar.
George C. Dix Professor in Constitutional Law, Northwestern University Pritzker School of Law
John O. McGinnis is a graduate of Harvard College and Harvard Law School where he was an editor of the Harvard Law Review. He also has an MA degree from Balliol College, Oxford, in philosophy and theology. Professor McGinnis clerked on the U.S. Court of Appeals for the District of Columbia. From 1987 to 1991, he was deputy assistant attorney general in the Office of Legal Counsel at the Department of Justice. He is the author of Accelerating Democracy: Transforming Government Through Technology (Princeton 2013) and Originalism and the Good Constitution (Harvard 2013) (with M. Rappaport). He is a past winner of the Paul Bator award given by the Federalist Society to an outstanding academic under 40. He has been listed by the United States on the roster of panelists who may be called upon to decide World Trade Organization Disputes.
Managing Partner, West Loop Ventures
Timing is everything, and no one knows this better than a trader. Jeff traded his own money at the Chicago Mercantile Exchange, and was on its board. In the mid-nineties, he was part of a group of equity owners that saw a huge opportunity and remade the entire exchange. When he joined the CME Board, it was worth less than $200 million and had less than $20 million in the bank. CME was the first exchange to demutualize, and the first to go public in November of 2002. Today it is a $55B company and the largest exchange in the world. In April of 2007, he used his market intuition and network to help found Hyde Park Angels. HPA is one of the most active angel groups in the United States. Jeff actively recruited like minded investors dedicated to fostering the entrepreneurial ecosystem throughout the Midwest. In 2017, He was an advisor to the G7 on the future of work, artificial intelligence and big data.
MBA Chicago Booth (2006)
BS Gies College of Business University of Illinois
Partner, Foley & Lardner LLP
Patrick Daugherty is a senior corporate and securities law partner of Foley & Lardner LLP, based in Chicago. He also is an adjunct professor of Cornell Law School, where he teaches in residence each Fall Term.
Mr. Daugherty is a member of the Bar in New York, the District of Columbia, North Carolina, Michigan and Illinois. Credentialing organizations have named him “Lawyer of the Year” in both Michigan (2007) and Illinois (2022). A graduate of Northwestern University and of Cornell Law School (Class of 1981), he clerked for SDNY Chief Judge Lloyd F. MacMahon for a year before entering private practice. Mr. Daugherty also served as Counsel to SEC Commissioner Edward H. Fleischman in Washington, D.C., from 1986 to 1989. An Emeritus Member of the American Law Institute, he is the author, co-author or editor of several books and many articles on securities regulation and new financial products.
Mr. Daugherty believes that he was the first lawyer inside the SEC to join the Federalist Society when he became a member in the late 1980s. A mainstay of the Chicago Lawyers Chapter, at the national level of the Society he serves on the Executive Committee for the Financial Services & E-Commerce Practice Group.
Partner, Katten Muchin Rosenman LLP
Clients trust Dan’s experience to help mitigate risks in the face of investigations and enforcement actions and to assess rules issued by financial agencies. From futures commission merchants to swap dealers to derivatives clearing organizations, he is well-positioned to advise on potential enforcement priorities, staff relief and exemptive orders, and submit comments on proposed financial agency rules. Dan has particular experience in handling fraud-related allegations under the Commodity Exchange Act (CEA) and can help clients develop compliance practices for meeting regulatory requirements. He also has successfully challenged rulemakings by financial agencies, such as the Securities and Exchange Commission’s (SEC) first rulemaking under the Dodd-Frank Wall Street Reform and Consumer Protection Act regarding proxy access and the SEC’s attempt to regulate fixed indexed annuities.
In Dan’s role at the CFTC, he assisted with the creation and development of LabCFTC, the agency’s hub for engagement with the fintech community to promote innovation and fair competition. He is highly experienced with helping crypto exchanges, bank and other fintech entities in working with distributed ledger technologies. He also provides counsel on meeting regulatory requirements when bringing new products to market. Dan had a distinguished career at the CFTC, receiving the Chairman’s Award for Excellence in 2019. This award is the CFTC’s highest honor, given to one employee annually in recognition of extraordinary accomplishments and superior service dedicated to realizing the vision, mission and values of the CFTC.
Dan has the full range of litigation experience, having practiced in federal and state court, defending clients in arbitration and jury trial, and arguing ten cases before the federal courts of appeals. He excels at crisis litigation, having successfully obtained a rarely granted writ of mandamus on behalf of the CFTC. Dan uses his extensive litigation experience to advise clients on both litigation and regulatory matters.
Previously, Dan served as counsel to the Assistant Attorney General, Civil Division for the US Department of Justice. He also clerked for the Honorable Douglas H. Ginsburg, Court of Appeals for the District of Columbia Circuit. While in law school, Dan served as Executive Editor of The University of Chicago Law Review.
Chief Executive Officer, Typhon Capital Management, LLC
Mr. Koutoulas is the head of Typhon Capital Management, a NFA-registered Commodity Trading Advisor and Commodity Pool Operator. Typhon manages several CTA strategies, each isolated to a single asset class so that investors may select specific niche exposures that best suit their portfolios. Typhon also offers customized multi-strategy programs that are available either via cross-margined managed accounts, or in custom fund structures.
James has a broad background across the hedge fund industry, including alternative investment analysis, risk management, corporate finance, securities law, IT/software development, and marketing honed through his experience managing eight startups. He has supervised the trading of several alternative investment strategies, served as the COO and chief analyst of a boutique fund of funds provider, was the head of operations and software development at a market and operational risk firm, and ran an IT and management consulting company with national operations.
James earned his law degree from Northwestern Law where he specialized in securities law. He also has a degree in Finance from the University of Florida, where he was a National Merit Scholar and AP National Scholar.
George C. Dix Professor in Constitutional Law, Northwestern University Pritzker School of Law
John O. McGinnis is a graduate of Harvard College and Harvard Law School where he was an editor of the Harvard Law Review. He also has an MA degree from Balliol College, Oxford, in philosophy and theology. Professor McGinnis clerked on the U.S. Court of Appeals for the District of Columbia. From 1987 to 1991, he was deputy assistant attorney general in the Office of Legal Counsel at the Department of Justice. He is the author of Accelerating Democracy: Transforming Government Through Technology (Princeton 2013) and Originalism and the Good Constitution (Harvard 2013) (with M. Rappaport). He is a past winner of the Paul Bator award given by the Federalist Society to an outstanding academic under 40. He has been listed by the United States on the roster of panelists who may be called upon to decide World Trade Organization Disputes.
Digital Assets in 2021
Jeffrey R. Carter, Patrick Daugherty, Daniel J. Davis, James Koutoulas, Matt Lisle, John O. McGinnis
Hear from a panel of experts who will discuss key legal and regulatory issues surrounding...
Digital Assets in 2021
Jeffrey R. Carter, Patrick Daugherty, Daniel J. Davis, James Koutoulas, Matt Lisle, John O. McGinnis
Hear from a panel of experts who will discuss key legal and regulatory issues surrounding...
Digital Assets in 2021
Chicago Lawyers Chapter