Education

Columbia University School of Law, LL.B., 1968

Columbia University School of General Studies, B.S., 1965

Admitted

Illinois, 1984

New York, 1969

Utah, 2014

U.S. District Court, Southern District of New York

U.S. District Court, Eastern District of New York

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Seventh Circuit

U.S. District Court, Northern District of Illinois

U.S. Supreme Court

Memberships

Past Member of:

American Bar Association, Committee on Regulation of Futures and Derivatives Investments, Member of the Executive Council

Chicago Bar Association, Futures Regulation Law Committee (former Committee Chairman)

Futures Industry Association, Law and Compliance Division

Securities Industry Association Compliance and Legal Division

Bill Tueting is a member of the Firm’s Corporate and Securities Department and the Private Equity and Hedge Fund Group. He has been practicing law since 1968.

Bill joined Chapman and Cutler LLP in 2003 as a partner and has extensive experience in transactions involving securities, derivatives and commodities issues and in representing securities and commodity brokers, investment advisers, hedge funds and banks in securities and commodities matters, including regulatory investigations, litigation in federal and state courts and arbitration forums. He has advised clients on the legal issues involved in forming hedge funds, including documentation and investment matters. Bill has also represented clients in U.S. and offshore financial and derivatives transactions for foreign companies and investment funds. Licensed in 1969, he has practiced law in New York, Washington, D.C. and Chicago. He is currently Of Counsel to the Firm.

Bill is a former general counsel of the Chicago Board of Trade, where he managed a legal team and was responsible for all of the exchange’s legal affairs, including regulatory matters, real estate, general corporate issues, internal compliance activity, telecommunications and congressional investigations. He also served as director of contract markets for the Commodity Futures Trading Commission in Washington, D.C., where he oversaw regulation of U.S. commodity exchanges, drafted exchange regulations and investigated compliance activity.

Bill is an adjunct professor at Chicago-Kent College of Law and teaches the course titled Money Managers to graduate lawyers in the Graduate Studies Program in Financial Services Law.

Representative Transactions

  • Advised various clients on the implications of the Dodd-Frank financial reform legislation
  • Advised various clients on documentation issues relating to swaps, repo transactions, securities, commodity and prime brokerage accounts, and triparty custodial agreements related to the foregoing documents
  • Advised a major bank on the implications of the Graham-Leach-Bliley bank reforms on certain broker-dealer and derivative related activity of the bank
  • Advised hedge fund sponsors on a variety of legal and legal related business issues in connection with the formation of hedge funds
  • Advised a major bank on the related ISDA swap documentation for several municipal prepaid gas transactions
  • Advised a registered investment company on swap transactions
  • Advised several tax-exempt debt issuers on ISDA documentation of interest rate swap transactions
  • Advised an electronic exempt board of trade on various regulatory issues
  • Advised a major bank on regulatory issues involved in various derivative transactions
  • Counseled investment advisors and broker-dealers on a variety of regulatory issues, including those regarding investment products offered over the internet

Publications

  • “Bull Market Review,” Futures and Derivatives Law Report, July/August, 1997
  • Co-author, “Complex Option Strategies are Easy to Learn,” Commodities Law Letter, September, 1990
  • Co-author, “Funds Protections:  An Overview of What Happens When a Commodity Broker Becomes Insolvent,” The Journal of Futures Markets, February, 1987
  • “Exchange Disciplinary Proceedings:  A Practical Guide,” Commodities Law Letter, December, 1983