By Chris Prentice
WASHINGTON (Reuters) – The Biden administration is expected to tap Kristin Johnson, a law professor at Emory University, for a Democratic seat on the Commodity Futures Trading Commission, according to a source familiar with the matter.
The Commodity Futures Trading Commission, which oversees derivatives markets, currently only has three members on what is typically a five-person commission. It is expected to be a key regulator as the administration under President Joe Biden heightens oversight of Wall Street.
Johnson’s selection was first reported https://www.bloomberg.com/news/articles/2021-09-02/biden-white-house-favors-emory-s-kristin-johnson-for-cftc-seat by Bloomberg News.
A spokesperson for the CFTC declined to comment. Johnson did not respond immediately to requests for comment.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Need Your Help Today. Your $1 can change life.