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Jonathan Marcus

Jonathan Marcus is Senior Managing Director and General Counsel of CME Group, previously General Counsel of the U.S. Commodity Futures Trading Commission (2013–2017).

Aug 22, 2026

1:51
When did it start, John? Is there a go date when the university peaked and after that it was never as well regarded? Good evening to you.
1:59
Thanks so much for having me.
2:01
Yes, there were a number of sort of trigger points here.
2:06
The first was the Great Recession in 2008 for a number of reasons.
2:09
One was that, like everybody else in our society, universities were financially constrained.
2:15
But universities often benefit from economic downturns, and so their enrollment actually went up.
2:22
The last peak of enrollment was in 2011.

6 MINS LATER

8:35
Was that a phenomenon that the universities were ready for?
0:28
So I'm going to hand it over to Jonathan.
0:30
Thank you very much.
0:32
Rabbi.
0:33
So what I'd like to do is I have a brief introduction and then I'm going to read some passages and then we can discuss how they apply or how they don't apply and go from there.
0:44
I love it.
0:45
Let's do it.
0:46
So the Book of Kohelet, usually read on Shabbat during Sukkot, is a magnificent book, though it's often misunderstood.

9 MINS LATER

speaker_0UNKNOWN
10:17
That's
20:04
Although potentially losing the lease could have been pretty chaotic, I would imagine.
20:08
[laughs] Yeah.
20:08
We were very worried about being kicked out of our building for sure.
20:12
Uh, not fun to be evicted.
20:14
Um, [laughs] um, you know, th-there was, I remember there was, there was some...
20:18
Well, there were, there were, there were some major crises.
20:20
One was soon after I got there was the MF Global bankruptcy.

10 MINS LATER

30:16
On that, I wonder, just before we close, if you have stuff that's top of mind for, uh, the new chairman of the CFTC and what you think we'll be seeing in industry overall.

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