The International Swaps and Derivatives Association, Inc. (ISDA) today issued a statement in response to the US Senate confirmation of Timothy Massad as the new chairman of the Commodity Futures Trading Commission (CFTC), and the confirmations of two new CFTC commissioners, J. Christopher Giancarlo and Sharon Y. Bowen.
“ISDA welcomes the US Senate confirmation of Timothy Massad as the new chairman of the CFTC, and J. Christopher Giancarlo and Sharon Y. Bowen as commissioners. We’d like to thank acting-chairman Mark Wetjen and the entire staff for their hard work and regular engagement with the industry since the beginning of 2014, and we look forward to working constructively with the new chairman and commissioners.”