U.S. Commodity Futures Trading Commission
Sumudu W. Watugala is an accomplished academic and finance professional currently serving as an Assistant Professor of Finance at Indiana University - Kelley School of Business since July 2022. Watugala has also served as an Academic Consultant for the U.S. Commodity Futures Trading Commission since March 2021 and held the position of Assistant Professor of Finance at Cornell University from June 2015 to June 2022. Additional experience includes being an Associate Member at the Oxford-Man Institute of Quantitative Finance, University of Oxford, and a Visiting Researcher at the Office of Financial Research. Earlier in the career, Watugala worked in volatility trading at Citadel Investment Group and contributed to research initiatives at MIT and NASA. Watugala holds multiple degrees from prestigious institutions, including a DPhil from the University of Oxford and a Master of Engineering from MIT in Electrical Engineering and Computer Science.
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U.S. Commodity Futures Trading Commission
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The mission of the CFTC is to protect market users and the public from fraud, manipulation, and abusive practices related to the sale of commodity and financial futures and options, and to foster open, competitive, and financially sound futures and option markets. In pursuit of its mission, the CFTC investigates and prosecutes commodities fraud, including foreign currency schemes, energy manipulation and hedge fund fraud, and works with other federal and state agencies to bring criminal and other actions. The CFTC also engages in public education and outreach by participating in consumer groups and issuing Consumer Advisories and other educational materials.