Futures exchange FTX.US Derivatives said Thursday that former CFTC Commissioner Jill Sommers has joined its board in a move to help bolster the firm’s regulatory efforts.
Sommers served two terms at the CFTC, with the second term being a five-year stint beginning in 2009 when she was nominated by former President Barack Obama. Sommers also spent time as the policy director and head of government affairs for the International Swaps and Derivatives Association (ISDA), and also worked for the Chicago Mercantile Exchange (CME).
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