TARP Chief To Lead CFTC

Nov 8 2013 | 10:38am ET

President Barack Obama is poised to name the head of the Troubled Asset Relief Program to lead the Commodity Futures Trading Commission.

According to published reports, Massad will get the nod to succeed Gary Gensler, whose term at the CFTC ends in January.

Massad has led TARP for the past three years, helping to recoup even more cash than the government laid out in the bailout program. Prior to taking that post, he was senior legal adviser to the Congressional Oversight Panel, then run by now-Sen. Elizabeth Warren (D-Mass.). Before moving into government service, Massad spent 25 years at the law firm Cravath Swain & Moore.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of