About Wolters Kluwer Experts Philip McBride Johnson (1)

Philip McBride Johnson


Philip McBride Johnson is the only attorney listed among 21 individuals profiled as an “agent of change” in the transformation of the derivatives community over the past 35 years, according to the U.S. futures industry’s leading publication, Futures Magazine. He has devoted most of his nearly 50 years in the practice of law to the U.S. laws, regulations and agencies governing the markets in futures contracts, options, swaps and other “derivative instruments.” Mr. Johnson helped lay the legal foundation for the world’s first stock options exchange; cash-settled futures; stock index, interest rate and event futures; centralized federal regulator; and national futures self-regulatory organization. Over the span of his career, Mr. Johnson has served as: past chairman of the Commodity Futures Trading Commission (CFTC); founding counsel and first corporate secretary of the National Futures Association; leader of exchange-traded derivatives law practice at his former firm; and author of the dominant legal treatise on U.S. derivatives law in continuous print for almost 30 years: Derivatives Regulation (formerly Commodities Regulation) (3 vol., Wolters Kluwer L&R, U.S.). Mr. Johnson also authored a business book titled Derivatives: A Manager’s Guide to the World’s Most Powerful Financial Instruments (McGraw-Hill) as well as more than 200 other published works. He was a founder and first chairman of the derivatives law committees for both the American Bar Association and the International Bar Association; a member of the regulatory advisory committee of the New York Stock Exchange until dissolved (1989-2004); a member of five CFTC federal advisory committees; and is a member of the Futures Industry Association Hall of Fame. Mr. Johnson is listed in Marquis’ Who’s Who in America and Who’s Who in the World, and leading global and national legal rankings.