John M. Damgard

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John M. Damgard
Damgard.gif
Occupation Senior Advisor
Employer Futures Industry Association
Location Washington, DC
LinkedIn Profile
Website www.futuresindustry.org

John M. Damgard is a retired industry derivatives organization executive, government official and political operative who was the former long-time president of the Futures Industry Association (FIA).[1] He currently serves the organization as a senior advisor after retiring as president in March of 2012.

Damgard is also a member of the board of trustees of the Institute for Financial Markets.[2]

In 2007, Damgard was inducted into the Futures Industry Association's Futures Hall of Fame, which was established in 2005 to commemorate outstanding contributions to the global futures and options community.[3]

In January 2012, Walter L. Lukken was appointed as the president and CEO of the FIA, effective in early 2012.[4][5] Earlier that year, the Financial Times had reported Lukken was the top candidate to replace FIA president Damgard.[6]

Background[edit]

Over the years, Damgard has served as a major voice of the futures industry before Congress and regulatory agencies in the U.S., abroad, and in the press, representing the FIA through stock market crashes, the Barings crisis and the terrorist attacks of September 2001. Damgard is an avowed champion of competitive markets (sometimes to the dismay of a consolidating futures exchange landscape), cross-border trading and protection against new taxes and unnecessary regulations. He is also founder of the Institute for Financial Markets (IFM), a nonprofit education foundation, and serves on its Board of Trustees.[7] Damgard also serves as a special advisor to the Board of the Managed Funds Association.[8]

Prior to joining the FIA in 1982, Damgard directed the Washington office of ACLI International. Before that he served as deputy assistant and Acting Assistant Secretary of Agriculture and was responsible for the major marketing and regulatory functions at the USDA. During his stint at the USDA, he was responsible for obtaining exclusive federal jurisdiction over the futures markets.

Damgard served on the White House staff as assistant to Vice President Spiro T. Agnew.[9]

Personal[edit]

DamgardPlane.jpg

Damgard is a pilot and in 2007 he donated to the Smithsonian a P-22 Ryan that is now displayed in the Air & Space Museum.[10]

Damgard is related by marriage to William D. Boyce, founder of Boy Scouts of America.[11]

Education[edit]

He was educated at Deerfield Academy in Massachusetts, Knox College in Illinois and University of Virginia.[12][13]

Video Interviews[edit]

Testimony[edit]

MarketsWiki Educaton[edit]

Damgard participated in the MarketsWiki Education World of Opportunity series in Chicago in July of 2017.

References[edit]

  1. Trump or Cruz? No Sweat, Wall Street's Big Republican Donors Say. Bloomberg.
  2. The IFM Board of Trustees. Institute for Financial Markets.
  3. Futures Hall of Fame. FIA.
  4. FIA Announces Leadership Succession (PDF). FIA.
  5. NYSE’s Lukken set to head futures association. Financial Times.
  6. Walter Lukken front-runner for FIA top job. Financial Times.
  7. "Institute for Financial Markets”. IFM.
  8. Board of Directors. Managed Funds Association.
  9. John M. Damgard, FIA Web site. Futures Industry Association.
  10. John Lothian Newsletter. John J. Lothian & Company, Inc..
  11. February 8, 2010. John Lothian News.
  12. Don't Be Afraid of Market Competition. U.S. Futures Exchange.
  13. John Damgard. Swiss Futures & Options Association.
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