The US Senate has confirmed the nominations of Dawn Stump and Dan Berkovitz as commissioners at the Commodity Futures Trading Commission (CFTC), bringing the agency to a full staff of five commissioners for the first time since 2014.
Stump, a Republican, was most recently president of consultancy Stump Strategic, prior to which she was a vice president at NYSE Euronext. Stump also previously served as the Futures Industry Association’s (FIA) executive director of the Americas Advisory Board, and held several staff positions in the Senate and House of Representatives.
Dan Berkovitz has been sworn in to serve as a Commissioner for the US Commodity Futures Trading Commission (CFTC).
“I consider it a privilege and honor to return to the CFTC as a Commissioner,” says Berkovitz after being sworn in by US District Judge Randolph Moss of the U.S. District Court for the District of Columbia. “I look forward to working with Chairman Giancarlo and my fellow Commissioners on the agency’s important mission of ensuring our markets are financially sound and free from fraud and manipulation.”
“I am pleased to welcome Dan to the Commission,” says CFTC Chairman, Christopher Giancarlo. “I look forward to working with him as we embark on new challenges in regulating the derivatives markets.”