Tag: CFTC head

January 03, 2017 BY LeapRate Staff

CFTC Chairman Timothy Massad resigns

Following his boss Barack Obama out the door, CFTC Chairman Timothy G. Massad has announced that he has tendered his resignation to President Obama as Chairman of the U.S. Commodity Futures Trading Commission (CFTC), effective on January 20, 2017 - not coincidentally the day of President-elect Trump's inauguration. Mr. Massad, age 60, served as the head…

Read more
December 16, 2013 BY Gerald Segal

CFTC leadership in limbo

Mark Wetjen to be temporary CFTC Chairman after departure of Gary Gensler, due to delay in approving Timothy Massad It is hard to take the CFTC seriously as a regulator. While the CFTC’s job is ostensibly to act as babysitter for the commodities and futures markets in the US, including forex, it is hard to…

Read more