Ananda focuses his practice on all matters relating to commodities and derivatives law and regulations. He represents infrastructure operators such as clearinghouses, exchanges, swap execution facilities and trade repositories, intermediaries such as futures commission merchants, money managers, and commodity trading firms. He also works collaboratively with his colleagues throughout the Norton Rose Fulbright global firm to provide coordinated solutions for our clients on complex cross-border compliance challenges. He has extensive knowledge of the industry and in-depth understanding of the Commodity Exchange and Dodd-Frank Acts and CFTC regulations, and is a regularly invited to speak at industry conferences in the United States, Europe and Asia.

Ananda was instrumental in implementing key provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Specifically, Ananda supervised the drafting of the statutory provisions that contain the core principles for DCOs, the regulations implementing the core principles, the clearing determinations issued by the CFTC, the regulations governing clearing member risk management, the regulations governing the investment of customer funds, the regulations mandating the straight-through-processing of swaps executed on futures exchanges and swap execution facilities, and the regulations enhancing the protection of customer funds.

Ananda joined Norton Rose Fulbright's Washington, DC office in 2014 after serving the previous 12 years at the Commodity Futures Trading Commission. Most recently, he was Director of the Division of Clearing and Risk. Previously, he served as the Director of the former Division of Clearing and Intermediary Oversight. During his tenure at the CFTC, Ananda testified twice before the United States Congress on clearing related matters and has made numerous presentations to foreign regulatory authorities and industry panel discussions on the CFTC's program for the oversight of clearing organizations and the protection of customer funds. He was also the CFTC's lead representative on the international body that set the standards for the supervision of financial market infrastructures.