Nominated by the Trump Team, J. Christopher Giancarlo will likely move up to become chairman of the CFTC after a vote of strong approval by a key Senate committee. The committee vote was 16 to approve his nomination and five against, a spokesperson for the committee tells FTF News. But, while there may be a… Read More >>
Sharon Bowen to Step Down Early from CFTC
Calling it “a bittersweet decision,” CFTC Commissioner Sharon Y. Bowen, one of only two members of what’s supposed to be a five-member body, announced last week that she will be leaving her post before her term is up as a way to hasten the process for filling commission vacancies. “My hope is thus that by… Read More >>
CFTC Wants a Game-Changer for Swaps Data Reporting
The CFTC is working hard to refine the swaps data reporting process and hopes that those changes and subsequent data harmonization internationally will be a game-changer for the derivatives industry, reports Petal Walker, chief counsel for CFTC Commissioner Sharon Bowen. Walker, who spoke at FTF’s DerivOps North America conference in Chicago last month, says that… Read More >>