Commodity Futures Trading Commission Commissioner Walt Lukken announced his departure from the regulator yesterday, ending a seven-year stint with the CFTC. Lukken had served as commissioner since August 2002, and as acting chairman of the CFTC from June 2007 to January 2009.
“It has been an honor to serve as both Commissioner and Acting Chairman of the CFTC over the last seven years and particularly during this tumultuous and challenging period for our nation’s economy,” said Lukken. “I am proud of the Commission’s continuing work to bring greater transparency, enhanced enforcement and smarter oversight to our markets.”
Lukken’s legacy at the CFTC includes the improvement of transparency and oversight in electronic energy derivatives (the “Enron Loophole”), the launching of a national crude oil investigation, and the enhancing of regulatory oversight over foreign fraud, among other accomplishments.
Lukken will be taking a position with NYSE Euronext as senior vice president of global market structure in its Office of General Counsel.