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Rostin Behnam

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Rostin Behnam
Chair of the Commodity Futures Trading Commission
Assumed office
January 21, 2021
PresidentJoe Biden
Preceded byHeath Tarbert
Commissioner of the Commodity Futures Trading Commission
Assumed office
September 6, 2017
PresidentDonald Trump
Joe Biden
Preceded byMark Wetjen
Personal details
Political partyDemocratic
EducationGeorgetown University (BA)
Syracuse University (JD)

Rostin Behnam is an American lawyer and government official who currently serves as Chairman of the Commodity Futures Trading Commission. [1]

Biography

Prior to his service at the CFTC, Behnam was senior counsel to U.S. Senator Debbie Stabenow. He has also practiced law in New York City and worked at the New Jersey Office of the Attorney General.[2][3]

On January 21, 2021, Behnam assumed the role of Acting Chairman following President Joe Biden's inauguration.[4] His term expired on April 13, 2021. He was renominated for a new term through June 19, 2026, and was confirmed on December 15, 2021.[5] He was also nominated by President Biden to be the permanent chairman. He was confirmed by the Senate the same day.[6] At the time of his appointment, Behnam is expected to increase regulation of the Wall Street derivatives market.[7]

References

  1. ^ "Chairman Rostin Behnam | CFTC". www.cftc.gov. Retrieved November 16, 2022.
  2. ^ "President Donald J. Trump Announces Intent to Nominate Personnel to Key Administration Posts". The White House. July 17, 2017. Archived from the original on August 9, 2017. Retrieved August 9, 2017.Public Domain This article incorporates text from this source, which is in the public domain.
  3. ^ "PN746 — Rostin Behnam — Commodity Futures Trading Commission". Congress.gov. Retrieved August 9, 2017.
  4. ^ "CFTC Names Rostin Behnam Acting Chairman". CFTC.gov. Retrieved August 4, 2021.
  5. ^ "PN1147 - Nomination of Rostin Behnam for Commodity Futures Trading Commission, 117th Congress (2021-2022)". www.congress.gov. December 15, 2021. Retrieved December 16, 2021.
  6. ^ "PN1146 - Nomination of Rostin Behnam for Commodity Futures Trading Commission, 117th Congress (2021-2022)". www.congress.gov. December 15, 2021. Retrieved December 16, 2021.
  7. ^ "Biden Said to Pick Behnam as Top U.S. Derivatives Regulator". Bloomberg.com. August 13, 2021. Retrieved September 10, 2021.