Sharon Brown-Hruska took the reins of Commodity Futures
Trading Commission (CFTC) as acting chairman last week, and
said the regulator will maintain its focus on reauthorisation
and a other pending initiatives.
The White House appointed Hruska to serve as acting chairman
last week, filling the position left vacant following Jim
Newsome's departure. The White House also said it will nominate
her for the permanent chairman's position should President Bush
be re-elected in November.
Hruska currently serves with just one other commissioner,
Walt Lukken, as CFTC continues to operate with three vacant
Hruska was confident on the subject of reauthorisation,
telling FO Week, "I'm really looking forward to
working with Congress; we've accomplished a lot with the
Commodity Futures Modernization Act [CFMA] and we're working
with a statute that is in a very good place. So I'm not
anticipating significant changes in that reauthorisation
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