facebook
twitter
rss
account
search
search
Headlines
Wall Street groups sue government regulator on Dodd-Frank reform

Wall Street groups sue government regulator on Dodd-Frank reform

Dec. 4 (UPI) -- Three Wall Street trade groups sue a key regulator, the Commodity Futures Trading Commission, alleging that the Dodd-Frank financial reforms are unfair.
Sonali Basak
Volcker Rule vote set for Dec. 10

Volcker Rule vote set for Dec. 10

Dec. 3 (UPI) -- The Volcker Rule expected to be called to a vote Dec. 10 among five different regulators.
Sonali Basak

Obama appoints Tim Massad to lead Commodity Futures Trading Commission

WASHINGTON, Nov. 12 (UPI) -- President Obama said Tuesday he is nominating Timothy Massad to head up "a small but mighty independent" U.S. agency, the Commodity Futures Trading Commission.
Obama nominates Treasury's Timothy Massad as CFTC chairman amid banking regulatory woes

Obama nominates Treasury's Timothy Massad as CFTC chairman amid banking regulatory woes

Nov. 12 (UPI) -- The White House announced Tuesday that Treasury official Timothy Massad will be nominated as chair of the Commodities and Futures Trading Commission. The new chair will have a large undertaking in Wall Street reform, replacing current Chairman Gary Gensler.
Sonali Basak

CFTC Commissioner Bart Chilton says he will step down

WASHINGTON, Nov. 5 (UPI) -- U.S. Commodities Future Trading Commissioner Bart Chilton said Tuesday he had informed President Obama that he plans to resign his position soon.

EU, United States, strike accord on derivatives regulation

BRUSSELS, July 11 (UPI) -- U.S. and European finance regulators said Thursday they have reached agreement on shared rules for the derivatives market.

Bankers, regulator face off on proposed derivatives rule

WASHINGTON, May 1 (UPI) -- The chairman of the Commodity Futures Trading Commission said regulators need jurisdiction over foreign bets made by U.S. banks to keep financial reform intact.

CFTC delays vote on overseas trading

WASHINGTON, June 23 (UPI) -- A former Commodity Futures Trading Commission regulator said the commission missed a cue from JPMorgan Chase as it delayed vote on a new rule.
JPMorgan Chase tried to lower risk

JPMorgan Chase tried to lower risk

WASHINGTON, June 19 (UPI) -- The head of JPMorgan Chase Tuesday told a U.S. House panel an effort to limit risk actually led to the bank's massive losses in May.
U.S. moves to limit oil speculators

U.S. moves to limit oil speculators

WASHINGTON, July 8 (UPI) -- U.S. financial regulators say they are moving to rein in the activities of oil speculators, whom they say are partly to blame for wild price swings.

Regulator to study speculative limits

WASHINGTON, July 7 (UPI) -- The U.S. Commodity Futures Trading Commission said it was studying the option of setting limits on speculative trading to thwart manipulation of energy markets.

Personality Spotlight: Gary Gensler

CHICAGO, Dec. 18 (UPI) -- Gary Gensler, President-elect Barack Obama's choice to lead the Commodity Futures Trading Commission, would return to Washington if confirmed by the Senate.
Obama names regulatory, monetary overseers

Obama names regulatory, monetary overseers

CHICAGO, Dec. 18 (UPI) -- President-elect Barack Obama revealed three more members of his economic team Thursday, announcing his choices for financial market and monetary regulators.

Obama taps veteran regulator to head SEC

CHICAGO, Dec. 18 (UPI) -- Veteran financial regulator Mary Schapiro was named Thursday as U.S. President-elect Barack Obama's choice to head the Securities and Exchange Commission.

Wing Collar: Avoiding an Investor Trap

WASHINGTON, Sept. 19 (UPI) -- "The Great Mutual Fund Trap" is what investors fall into if they buy actively managed funds with substantial management fees, according to Greg Baer and Gary Gensler in their new book of that name (Broadway Books, $26.)
MARTIN HUTCHINSON, UPI Business and Economics Editor
Photos
Gary Gensler
Gary Gensler, chairman of the Commodity Futures Trading Commission, testifies before the House Financial Services Committee about reforming regulations on financial markets on Capitol Hill in Washington on July 22, 2009. (UPI Photo/Roger L. Wollenberg)
Wiki

Gary Gensler is the chairman of the U.S. Commodity Futures Trading Commission under President Barack Obama.

Gensler was Undersecretary of the Treasury (1999-2001) and Assistant Secretary of the Treasury (1997-1999) in the United States. Barack Obama selected him to lead the Commodity Futures Trading Commission, which has jurisdiction over $5 trillion in trades. Gensler was sworn in on May 26, 2009.

After receiving a BS and an MBA from the Wharton School of the University of Pennsylvania, Gary Gensler spent 18 years at Goldman Sachs, making partner when he was 30, becoming head of the company’s fixed income and currency trading operations in Tokyo by the mid-’90s, and eventually the company’s co-head of finance. Questions as to whether there are conflicts of interests relating to Gensler's former employment have been raised, as has been the case in any number of former Goldman employees that go on to hold pivotal positions in the US Treasury, Federal Reserve, or as regulators. Gensler has the reputation in the market though as a politically ambitious man who is more likely to squash than accommodate speculation.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Gary Gensler."
Most Popular
1
Paula Patton makes first public appearance since Robin Thicke split
2
Kyra Sedgwick is Deputy Chief Madeline Wuntch in new 'Brooklyn Nine-Nine' promo
3
Mother's Facebook post gets her 4-year-old son kicked out of school
4
All female town in Brazil wants more single men
5
Gabrielle Union, Dwyane Wade to have wedding guests sign confidentiality agreements
x
Feedback