David Yeres concentrates principally on derivative transaction law matters and related investigations and disputes.
With over 30 years of practice, David has provided legal and regulatory advice on the development and operation of various financial products and markets, including electronic markets, that involve derivative transactions, securities, foreign exchange and commodities, as well as on the resolution of related investigations and disputes.
- Understanding and Preparing for the Convergence of US Criminal Antitrust Enforcement with Anti-Manipulation Laws Regulating Derivatives, FX, Cryptocurrency, Futures, Options and other Commodities under the Commodity Exchange Act, Volume 39, Issue 1 (January 2019)
- A Bridge Too Far: CFTC's 'Reckless' Manipulation Theory
Law360, January 2019
- 2018 Priorities and Policies of U.S. Derivatives and Commodities Enforcement Authorities: From The Exchange To The Regulator To The Criminal Prosecutor
Speaker, September 25, 2018, New York
- U.S. Market Manipulation: Has Congress Given the CFTC Greater Latitude than the SEC to Prosecute Open Market Trading as Unlawful Manipulation? It's Doubtful, Futures and Derivatives Law Report, Volume 38, Issue 6 (June 2018)
Defending Against U.S. Trading-Related Investigations and Litigation: Do the U.S. Securities and Commodities Laws Reach Foreign Conduct?
11 October 2019
FCPA and the Commodity Exchange Act: A New Relationship
13 March 2019
U.S. Court Acquits FX Trader of Alleged Frontrunning
8 March 2019
CFTC Declines to Appeal Sharply Worded Rejection of its Bid to Expand the Offense of Price Manipulation
28 February 2019
U.S. Court Affirms Economic Realism and Rejects CFTC Bid to Expand the Offense of Price Manipulation
13 December 2018
Career and qualifications
- College of the City University of New York (BA) 1969
- Fordham Law School (JD) 1973
- London School of Economics (LLM) 1974
- Admitted in New York 1974
- Trial Attorney, US Department of Justice 1975
- Assistant US Attorney, Northern District of Illinois 1978
- Deputy Associate Attorney General, US Department of Justice 1979
- Counsel to the Chairman, Commodity Futures Trading Commission 1981
- Partner 1992
- Senior Counsel since 2008
- David is a former Assistant United States Attorney and Deputy Associate Attorney General of the United States. David was also counsel to the Chairman of the Commodity Futures Trading Commission, the federal regulatory agency for commodity futures and options trading, and served on the Commission's Financial Products Advisory Committee. Mr Yeres has been Co-Chairman of the American Bar Association Subcommittee on Off Exchange Commodity Transactions and a member of the Executive Committee of the New York State Bar Association Committee Business Law Section and is past Chairman of the New York State Bar Association Committee on Futures Regulation. In addition to regularly lecturing and writing in the derivative product law area, Mr Yeres has been a member of the adjunct faculty at Fordham Law School.
Awards and citations
David Yeres has been ranked as Band 4 in Chambers USA - Capital Markets: Derivatives (Nationwide) Commentators single David Yeres out for "the great depth and breadth of his regulatory experience in the OTC and cleared derivatives markets and understanding of the dynamics of these markets." He is also highlighted for his extensive experience with US Commodity Futures Trading Commission matters.
Chambers USA 2017 - Capital Markets: Derivatives