Joshua Sterling, a former director of the market participants division at the Commodity Futures Trading Commission, has joined Milbank as a partner in its Washington, DC office, Milbank announced.
Immediately before joining Milbank, Sterling was a partner at Jones Day, according to his LinkedIn profile.
Sterling's practice will specialize in regulatory and enforcement matters relating to derivatives, financial market infrastructure and cryptocurrency issues, the law firm said. Specifically, he will regularly assist major derivatives exchanges, market participants and fintech enterprises with obtaining approvals for new product and business initiatives. At the CFTC Sterling oversaw the 3,300-plus banks, intermediaries and asset managers registered with the agency, and the examination, rulemaking and enforcement referral programs governing those firms.
He was also instrumental in completing the remaining rulemakings for the Dodd-Frank Act, and charged and settled several groundbreaking enforcement actions.
That will take engagement with regulators, and by executing on their strategic business initiatives. Sterling will rely on his experience representing clients in CFTC and Securities and Exchange Commission enforcement investigations, and in resolving cases for both corporate and individual defendants, the firm said.
