Sharon Brown-Hruska took the reins of Commodity Futures Trading Commission (CFTC) as acting chairman last week, and said the regulator will maintain its focus on reauthorisation and a other pending initiatives.
The White House appointed Hruska to serve as acting chairman last week, filling the position left vacant following Jim Newsome's departure. The White House also said it will nominate her for the permanent chairman's position should President Bush be re-elected in November.
Hruska currently serves with just one other commissioner, Walt Lukken, as CFTC continues to operate with three vacant commissioner seats.
Hruska was confident on the subject of reauthorisation, telling FO Week, "I'm really looking forward to working with Congress; we've accomplished a lot with the Commodity Futures Modernization Act [CFMA] and we're working with a statute that is in a very good place. So I'm not anticipating significant changes in that reauthorisation process."
She added that CFTC...