Michael Prokop


Managing Director


Mike is a Managing Director in Deloitte’s Regulatory and Compliance Group specializing in risk advisory, regulatory compliance, credit risk, and trade surveillance. He has more than 30 years of experience in the energy risk management industry. He advises numerous energy companies in the natural gas, crude oil, power and LNG markets. Mike currently leads the credit risk and trade surveillance service offerings in the energy Regulatory and Compliance division. He also founded and runs Deloitte’s Risk Council, an energy industry-wide risk and compliance roundtable that identifies and promotes best practices in energy trading. Mike has extensive contact with regulators and represents Deloitte on the CFTC’s Energy and Environmental Market Advisory Committee. This opportunity makes Deloitte the only professional services firm to be a member of this committee. Mike has discussed a number of topics with the CFTC since 2004 that include price reporting, reporting requirements, position limits, SEF rules, hedge exemption guidelines, and cyber risk standards. Prior to joining Deloitte, Mike has been a Senior Vice President with Merrill Lynch Commodities, a Managing Partner of the inter-dealer broker Amerex for 16 years, and a Managing Director at the CME Group where he led the Global energy asset class.