Wetjen Named as Acting CFTC Chairman

On Monday evening, the CFTC announced that Commissioner Mark Wetjen was unanimously elected by the other members of the Commission to serve as Acting Chairman upon Gensler’s departure from the regulator at the end of the year. In reaction to his appointment, Wetjen was quoted in a CFTC press release saying:

“I am honored to have been chosen to serve as Acting Chairman,” said Commissioner Wetjen. “I thank my colleagues, Commissioners Chilton and O’Malia, for their support and look forward to working collaboratively to oversee the ongoing implementation of the Dodd-Frank Act and the continuation of the CFTC’s critical mission. I also would like to thank Chairman Gensler for his leadership of this agency and of the financial reform effort in the aftermath of the financial crisis. I am eager to continue that effort in consultation with my fellow commissioners.” 

For more information, please visit www.CFTC.gov