Business

From 2001 to 2014, Giancarlo served as the executive vice president of GFI Group Inc., an intermediary in the global over-the-counter and listed markets that offers trading technologies and products to financial market participants(NYSE: GFIG).^[2] Giancarlo was responsible for GFI's strategic transactions and relationships, including mergers and acquisitions, equity finance, investment banking, strategy development, analyst and investor communications and government relations. During his tenure, Giancarlo directed GFI's initial public offering in 2005 and led the acquisition strategies of Trayport Limited and Amerex Brokers LLC.

Prior to joining GFI, Giancarlo was executive vice president and U.S. legal counsel of Fenics Software.^[3] From September 1997 to April 2000, Giancarlo was a corporate partner in the New York law firm of Brown Raysman Millstein Felder and Steiner, where he advised technology businesses on corporate and finance transactions. He joined Brown Raysman from Giancarlo & Gleiberman, a law practice founded by Giancarlo in 1992 following his return from several years practicing law in London with the international firm of Curtis, Mallet-Prevost, Colt & Mosle.

Giancarlo was a founding board member and former chairman of the Wholesale Markets Brokers Association (Americas), and served as chair of three annual conferences on Swap Execution Facilities, SEFCON I ^[4] October 4, 2010, SEFCON II ^[5] October 3, 2011 and SEFCON III^[6] November 13, 2012 where he delivered opening and closing remarks. He was a member of the Leadership Board of the Center for Capital Markets Competitiveness of the United States Chamber of Commerce.^[7] He was also a founding co-editor-in-chief of eSecurities, Trading and Regulation on the Internet, (Leader Publications) and has written and spoken extensively on public policy, legal and other matters concerning technology and the financial markets.

In February 2011, Giancarlo testified before the U.S. House Financial Services Committee of the U.S. Congress on implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank Act").^[8] In October of that same year, Giancarlo also testified before the House Committee on Agriculture on Legislative Proposals Amending Title VII of the Dodd-Frank Act.^[9] In December 2012, he testified once more, this time before the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises on "Challenges Facing the U.S. Capital Markets to Effectively Implement Title VII of the Dodd-Frank Act".^[10]

Government service

Giancarlo was nominated by President Barack Obama on August 1, 2013, to serve as a Commissioner of the Commodity Futures Trading Commission (CFTC).^[11][12][13] On March 6, 2014, Giancarlo testified on his nomination before the U.S. Senate Committee on Agriculture, Nutrition, and Forestry, which approved the nomination on April 8, 2014. The U.S. Senate confirmed his nomination by unanimous consent on June 3, 2014, for a term expiring April 13, 2019.

On April 14, 2015, Giancarlo testified before the U.S. House of Representatives, Committee on Agriculture Subcommittee on Commodity Exchanges, Energy, and Credit regarding commercial end-user concerns, derivatives trading position limits, CFTC swaps trading rules and the cross-border impact of U.S. derivatives regulation.^[14]

Having served as acting CFTC chair since President Trump's inauguration on January 20, 2017, Giancarlo was nominated by the president to be full-time chair of the commission on March 14, 2017, subject to confirmation by the Senate.^[15] He was confirmed by the U.S. Senate on August 3, 2017. His successor as commissioner and chairman, Heath Tarbert was confirmed by the Senate on June 5, 2019.

Cryptocurrency

Following service in the US government, Giancarlo took on several roles: senior counsel to the law firm Willkie Farr & Gallagher,^[16] chairman of the board of Common Securitization Solutions LLC,^[17] a joint venture between Fannie Mae and Freddie Mac, Senior Advisor of social trading company eToro,^[18] and a member of the advisory board of the Chamber of Digital Commerce.^[19] He's also director of the American Financial Exchange (AFX) and senior adviser to capital markets technology provider Baton Systems.^[20]

Giancarlo is a blockchain technology advocate and contributor to the global discourse on cryptocurrencies and digital assets.^[21][22] Mr. Giancarlo is the founder of the Digital Dollar Project, to "advance exploration of a United States Central Bank Digital Currency,"^[23] and former director of financial service company BlockFi.^[24][20]