© Reuters. FILE PHOTO: Signage is seen outdoors of the US Commodity Futures Buying and selling Fee (CFTC) in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly
By Chris Prentice
WASHINGTON (Reuters) – The Biden administration is predicted to faucet Kristin Johnson, a regulation professor at Emory College, for a Democratic seat on the Commodity Futures Buying and selling Fee, in keeping with a supply aware of the matter.
The Commodity Futures Buying and selling Fee, which oversees derivatives markets, presently solely has three members on what is often a five-person fee. It’s anticipated to be a key regulator because the administration underneath President Joe Biden heightens oversight of Wall Road.
Johnson’s choice was first reported https://www.bloomberg.com/information/articles/2021-09-02/biden-white-house-favors-emory-s-kristin-johnson-for-cftc-seat by Bloomberg Information.
A spokesperson for the CFTC declined to remark. Johnson didn’t reply instantly to requests for remark.
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