Washington, D.C.—May 19, 2009—John Damgard, president of the Futures Industry Association, today issued the following statement in response to the Senate’s confirmation of Gary Gensler as chairman of the Commodity Futures Trading Commission.
This is welcome news indeed. Gary Gensler is extraordinarily well qualified to serve as the next chairman of the CFTC, and we look forward to working with him as the CFTC participates in the efforts by the Administration and the Congress to develop a comprehensive regulatory framework for derivatives.
