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Terms of Office

  • Each CFTC commissioner is appointed specifically to one of the CFTC's five terms. When the CFTC was established in 1975, the five-year terms were staggered to ensure that one term ended each year. Because of this, certain CFTC commissioners have been appointed to and have held more than one term.

    The Commissioner Terms of Office contains each five-year term and lists each commissioner who has served in that term and his or her specific dates of service. An asterisk indicates those commissioners who have held more than one of the five terms.

    Commissioner

    Term Available

    Dates of Service

    William T. Bagley
    (Chairman 04/15/75 – 11/15/78)

    04/15/75 – 04/15/80

    04/15/75 – 11/15/78

    Read P. Dunn, Jr.

    04/15/80 – 04/15/85

    04/15/80 – 11/13/81*

    Susan M. Phillips
    (Acting Chairman 05/28/83 – 11/16/83)
    (Chairman 11/17/83 – 07/24/87)

    04/15/80 – 04/15/85
    04/15/85 – 04/15/90

    11/16/81 – 07/24/87

    Wendy L. Gramm
    (Chairman 02/22/88 – 01/22/93)

    04/15/85 – 04/15/90
    04/15/90 – 04/15/95

    02/22/88 – 01/22/93

    Sheila C. Bair

    04/15/90 – 04/15/95

    10/05/94 – 06/16/95*

    David D. Spears
    (Acting Chairman 06/02/99 – 08/10/99)

    04/15/95 – 04/15/00

    09/03/96 – 12/20/01

    Walter L. Lukken
    (Acting Chairman 6/27/07- 01/20/09)

    04/15/00 – 04/15/05
    04/15/05 – 04/15/10

    08/07/02 – 07/10/09

    Scott D. O’Malia

    04/15/05 – 04/15/10
    04/15/10 – 04/15/15

    10/19/09

    Commissioner

    Term Available

    Dates of Service

    Gary L. Seevers
    (Acting Chairman 12/06/78 – 05/03/79)

    04/15/75 – 04/15/79

    04/15/75 – 06/01/79

    Phillip McB. Johnson
    (Chairman 06/08/81 – 05/01/83)

    04/15/79 – 04/15/84

    06/06/81 – 05/01/83

    Robert R. Davis

    04/15/84 – 04/15/89

    10/03/84 – 04/30/90

    Sheila C. Bair
    (Acting Chairman 08/21/93 – 12/21/93)

    04/15/89 – 04/15/94

    05/02/91 – 10/04/94*

    Mary L. Schapiro
    (Chairman 10/13/94 – 01/26/96)

    04/15/94 – 04/15/99

    10/13/94 – 01/26/96

    Brooksley E. Born
    (Chairperson 08/26/96 – 06/01/99)

    04/15/94 – 04/15/99

    08/26/96 – 06/01/99

    William J. Rainer
    (Chairman 08/11/99 – 01/19/01)

    04/15/99 – 04/13/04

    08/11/99 – 01/19/01

    Sharon Brown-Hruska
    (Acting Chairman 08/24/04 – 07/10/05)

    04/13/99 – 04/13/04
    04/13/04 – 04/13/09

    08/07/02 – 07/28/06

    Jill E. Sommers

    04/13/04 – 04/13/09
    04/13/09 – 04/13/14

    08/08/07 – 07/08/13

    J. Christopher Giancarlo

    04/13/14 – 04/13/19

    06/16/14

    Commissioner

    Term Available

    Dates of Service

    Read P. Dunn, Jr.

    04/15/75 – 04/15/78

    04/15/75 – 04/15/80*

    James M. Stone
    (Chairman 05/04/79 – 06/08/81)

    04/15/78 – 04/15/83

    05/04/79 – 01/31/83

    William E. Seale

    04/15/83 – 04/15/88

    11/16/83 – 09/01/88

    William P. Albrecht
    (Acting Chairman 01/22/93 – 08/20/93)

    04/15/88 – 04/15/93

    11/22/88 – 08/20/93

    John E. Tull, Jr.
    (Acting Chairman 01/27/96 – 08/25/96)

    04/15/93 – 04/15/98

    11/24/93 – 02/27/99

    Thomas J. Erickson

    04/15/98 – 04/13/03

    06/21/99 – 12/01/02

    Frederick W. Hatfield

    04/13/03 – 04/13/08

    12/06/04 – 12/31/06

    Bart Chilton

    04/13/03 – 04/13/08
    04/13/08 – 04/13/13

    08/08/07 – 03/21/14

    Sharon Y. Bowen

    04/13/13 – 04/13/18

    06/09/14

    Commissioner

    Term Available

    Dates of Service

    John V. Rainbolt, II

    04/15/75 – 04/15/77

    04/15/75 – 05/18/78

    David G. Gartner

    04/15/77 – 04/15/82

    05/19/78 – 10/05/82

    Fowler C. West

    04/15/82 – 04/15/87
    04/15/87 – 04/15/92

    10/06/82 – 01/20/93

    Barbara P. Holum
    (Acting Chairman 12/22/93 – 10/07/94)

    04/15/92 – 04/13/97
    04/13/97 – 04/13/02
    04/13/02 – 04/13/07

    11/28/93 – 12/09/03

    Reuben Jeffery III
    (Chairman 07/11/05 – 6/27/07)

    04/13/02 – 04/13/07

    07/11/05 – 06/27/07

    Gary Gensler
    (Chairman 05/21/09 – 01/03/14)

    04/13/07 – 04/13/12

    05/19/09 – 01/03/14

    Timothy G. Massad
    (Chairman 06/05/14 -

    04/13/12 – 04/13/17

    06/05/14

    Commissioner

    Term Available

    Dates of Service

    Robert L. Martin

    06/19/75 – 06/19/76
    06/19/76 – 06/19/81

    06/20/75 – 08/31/81

    Kalo A. Hineman
    (Acting Chairman 07/27/87 – 02/22/88)

    06/19/81 – 06/19/86
    06/19/86 – 06/19/91

    01/12/82 – 06/19/91

    Joseph B. Dial

    06/19/91 – 06/19/96

    06/20/91 – 11/13/97

    James E. Newsome
    (Acting Chairman 01/20/01 – 12/27/01)
    (Chairman 12/27/01 – 07/23/04)

    06/19/96 – 06/19/01
    06/19/01 – 06/19/06

    08/10/98 – 07/23/04

    Michael V. Dunn
    (Acting Chairman 01/20/09 – 05/19/09)

    06/19/01 – 06/19/06
    06/19/06 – 06/19/11

    12/06/04 – 10/24/11

    Mark P. Wetjen
    (Acting Chairman 01/03/14 – 06/05/14)

    06/19/11 – 06/19/16

    10/25/11

    * Held two separate terms of office.

See Also:

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