NEWS
Sommers Leaving CFTC Commission
Jerry Hagstrom DTN Political Correspondent
Fri Jan 25, 2013 11:55 AM CST

WASHINGTON (DTN) -- Commodities Futures Trading Commissioner Bart Chilton, a Democrat, expects to take over the commission's investigation into the case of MF Global when Republican CFTC Commissioner Jill Sommers resigns, Chilton said in an email to DTN late Thursday.

Sommers won wide praise Thursday, particularly from Republican members of Congress, after she unexpectedly announced she would resign in the coming months. Sommers had taken over the MF Global case because CFTC Chairman Gary Gensler recused himself on the grounds that he had worked with MF Global CEO Jon Corzine in the past. Due to that potential conflict of interest, ...

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