Bruce Tuckman

Bruce Tuckman is a Clinical Professor of Finance at the Leonard N. Stern School of Business, New York University, where he teaches undergraduate, MBA, and Executive MBA courses in fixed income, derivatives, trading, and liquidity risk. He rejoined Stern in 2012 after a career on Wall Street and served as Chief Economist at the Commodity Futures Trading Commission (CFTC) from 2017 to 2020. His work bridges academia, industry, and public policy.

• Ph.D. in Economics, Massachusetts Institute of Technology
• A.B. in Statistics with Economics, Harvard College

Professor Tuckman's research centers on fixed income and derivatives markets, financial regulation, and the history of financial markets. He is particularly known for his work on market transparency, risk governance, and public policy implications of financial innovation. His textbook, Fixed Income Securities: Tools for Today’s Markets, is a standard reference in both academic and professional circles.

His recent publications and co-authored research explore critical issues such as the collapse of Silicon Valley Bank, the transition from LIBOR, the role of private credit, and the societal impact of derivatives. These works reflect a consistent focus on market structure, regulatory design, and financial stability.

• Award-winning portfolio-margin product at Lehman Brothers/Barclays Capital
• Co-creator of Entity-Netted Notionals for measuring swap market size
• Co-authored research cited in major financial policy discussions

Tuckman has advised and collaborated with regulatory bodies, notably the CFTC, where he led research economists in shaping rule-making and policy. His industry experience includes senior roles at Salomon Brothers, Credit Suisse, Lehman Brothers, and Barclays Capital, where he managed quantitative research and risk governance. He has not formally advised PhD or Master's students, but his influence extends through teaching and public scholarship.

While not affiliated with a formal research lab, Tuckman leads policy-oriented research teams, particularly during his tenure at the CFTC, where he directed economic analysis for regulatory purposes. His future work is expected to continue influencing financial regulation, market design, and financial education.