By Robert Schmidt and Silla Brush, Bloomberg News
President Barack Obama is set to nominate two new members to fill vacancies on U.S. the Commodity Futures Trading Commission, the White House said Thursday.
Chris Brummer, a professor at Georgetown University Law Center in Washington, will be the Democratic nominee. Brian Quintenz, who runs his own money management firm and was an aide to former U.S. Representative Deborah Pryce, is the Republican pick.
The five-member CFTC, which was given new powers to supervise the over-the-counter derivatives market in the wake of the 2008 financial crisis, has been operating without a full slate ...
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