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Commissioner Kristin Johnson will depart from the Commodity Futures Trading Commission (CFTC)

Regulator to be left with a single member, Pham assuming acting chair role following her departure.

CFTC's Commissioner Kristin Johnson to Depart Office
CFTC's Commissioner Kristin Johnson to Depart Office

Commissioner Kristin Johnson will depart from the Commodity Futures Trading Commission (CFTC)

The US Commodity Futures Trading Commission (CFTC) has been a cornerstone of global financial regulation for over five decades. Serving as the tireless cop on the beat, the CFTC has been instrumental in ensuring market integrity, customer protection, and market resilience.

In response to the global financial crisis of 2010, the CFTC demonstrated global regulatory leadership by developing the world's blueprint for swaps market reforms. This landmark achievement set the stage for a more stable and secure financial system.

Kristin Johnson, who has served as the CFTC Commissioner for nearly two decades, has been at the helm of this esteemed financial market regulator. Her advocacy for effective market regulation has been unwavering, and she has been a driving force behind the CFTC's mission to ensure the resilience, integrity, and stability of derivatives markets.

Johnson's term as Commissioner will end on September 3, 2025. During her tenure, she has overseen the CFTC's successful navigation of new and unprecedented challenges, such as a global pandemic and significant geopolitical conflicts. She has also spearheaded innovative initiatives for evaluating cyber threats, integrating AI, and market structure reforms.

Johnson believes that sustainable growth depends on a regulatory framework that ensures market resilience. She emphasises that any regulatory or deregulatory efforts should not leave customers or markets vulnerable to fraud. She is concerned about the support and investments needed for the expert staff at the CFTC to succeed in the face of significant market changes.

The CFTC, a small agency, has been performing integral regulatory and supervisory functions for over 50 years. Its staff works hard to supervise markets that help ensure the production and harvesting of food, access to energy, and effective risk management. The Commission's bi-partisan Commission is characterised by consensus-driven decision-making.

As Johnson prepares to step down, she plans to continue working on the started agenda and hopes to identify new ways to serve customers, markets, and the nation. She expresses gratitude for the opportunity to serve the nation and believes that growth and market integrity are not mutually exclusive.

Johnson's legacy at the CFTC will undoubtedly leave a lasting impact on financial regulation for years to come. Her commitment to market integrity, customer protection, and market resilience will continue to guide the CFTC as it navigates the complexities of the global financial landscape.

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