CFTC Chair Resigns To Join State Department

Law360 (June 27, 2007, 12:00 AM EDT) -- After two years of service as chairman of the U.S. Commodity Futures Trading Commission, Reuben Jeffery III resigned Wednesday to take a position at the U.S. Department of State, ceding his post at the CFTC to current Commissioner Walter Lukken, who was named acting chair.

Jeffery will start at the State Department Thursday, where he will serve as Under Secretary of State for Economic, Energy and Agricultural Affairs. After Jeffery announced his resignation, Lukken, who joined the CFTC as Commissioner in 2002, was elected Acting Chairman...
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