Jeremy Cusimano

Managing Director
Extensive experience in global financial markets and economic analysis 
Specializes in commodities and derivatives markets, trading, compliance, risk, and controls 
Focuses on investigations into commodity and derivatives trading and regulatory policy 
Boston
@alvarezmarsal
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Jeremy Cusimano is a Managing Director with Alvarez & Marsal Disputes and Investigations in Boston. He specializes in commodities and derivatives markets, trading, compliance, risk, and controls and has extensive experience in global financial markets, economic analysis, investigations into commodity and derivatives trading, and regulatory policy. 


Mr. Cusimano has performed numerous investigations involving exchange-traded and OTC physical commodities, financial derivatives, fixed income markets, cryptocurrencies, and other securities. Across these investigations, he has developed quantitative models to analyze complex market structures and derivatives portfolios; evaluated trading and risk management strategies; and valued portfolio impacts of market activity. 

Mr. Cusimano has provided expert analysis to support investigations and litigation to and in front of numerous regulatory and law enforcement agencies including, examination of potential price manipulation, disruptive trading, trade practice regulation violations, electronic trading systems irregularities, and fraud. He has advised clients on a range of operational challenges, including compliance, risk management, regulatory reporting, financial operations, and trade surveillance. 

Mr. Cusimano works with financial institutions of all sizes to ensure that the design and function of risk and compliance programs meet all operational and regulatory requirements. He developed and led the U.S. Commodity Futures Trading Commission's first group of economic experts dedicated to the forensic analysis of trading and market events to identify potential violations of the Commodity Exchange Act. 

Prior to joining A&M, Mr. Cusimano was a Managing Director at Grant Thornton LLP, where he led commodities and derivatives related advisory services. He previously served as Economic Advisor to the Director of Enforcement at the U.S. Commodity Futures Trading Commission and Chief Economist for Petroleum Reserves at the U.S. Department of Energy.

Mr. Cusimano earned a bachelor’s degree in economics from Rochester Institute of Technology and a master’s degree in environmental and natural resource economics from the University of Maine. 
 

Insights By This Professional

How are disparities in SEC and CFTC regulatory regimes impacting innovation in financial markets, and what are the regulators’ plans to improve collaboration?
Companies regularly use derivative products to hedge financial risks. Among products that are commonly used are interest rate swaps and foreign exchange derivatives. Interest rate swaps are typically used to hedge against interest risk from floating rate loans, effectively converting the floating interest rate into a fixed interest payment. Foreign exchange derivatives, on the other hand, are typically used by companies with operations in multiple countries to hedge their currency exposures.
This article offers some things to consider for those responsible for managing trading, risk and compliance around volatility strategies.
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In this article for Raising the Bar, Director Robert Cruse outlines how to align culture and controls with enforcement trends under the FCPA and the EU Whistleblower Directive, including ensuring independent oversight and protected channels for insiders to speak up.
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