Thursday, 25 December 2014
Last updated 18 hours ago
Mar 13 2013 | 11:30am ET
The Commodity Futures Trading Commission's chairman may be sticking around, but its top lawyer isn’t.
Dan Berkovitz, general counsel at the regulator for the last four years, will retire at the end of the month, he said. Berkovitz was instrumental during the CFTC's rule-making process following the passage of the Dodd-Frank financial regulation reform law, and then defended the agency against lawsuits stemming from those rules.
"Capping off 30 years of public service, Dan has so much to be proud of, foremost his leadership and counsel to the administration, Congress and this commission on swaps market reform that is now benefitting the public," CFTC chief Gary Gensler said. "The public and this agency are losing a remarkable general counsel."
Berkovitz has "no announced plans" for his future, the CFTC said. During his three decades in government service, he's worked for the Senate Permanent Subcommittee on Investigations, the Energy Department and the Nuclear Regulatory Commission.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.