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New CFTC Heads Face Lean Times, Steep Fights Ahead

Law360, New York (June 9, 2014, 8:48 PM EDT) -- Now that it’s finally whole, the U.S. Commodity Futures Trading Commission faces a sprawling to-do list, a shoestring budget and a host of political and legal challenges, but experts still are hopeful the agency’s new heads can hammer out bipartisan compromises that often eluded the previous regime.

After months of uncertainty, the U.S. Senate last week finally confirmed the nominations of former Cravath Swaine & Moore partner Timothy Massad as CFTC chairman, ex-industry official J. Christopher Giancarlo as a Republican commissioner, and retired Latham & Watkins...
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