June 6, 2011
Washington, DC ̶ Commissioner Scott D. O’Malia of the Commodity Futures Trading Commission (CFTC) has been named as one of Treasury & Risk’s 100 Most Influential People in Finance. The 2011 roster includes government officials, international policymakers and financial executives who have worked creatively in response to the challenges of the last few years and who continue to do so as the global economy recovers.
“I am pleased and honored to be recognized for my work in ensuring that proposed and final rules under the Dodd-Frank Act do not make it too burdensome or costly for commercial and corporate hedgers to continue using derivatives. We are now in the middle of the rulemaking process, which is a time to reflect upon the proposed rules and measure them against the comments received. As we move towards final rulemakings, I look forward to continuing our work with all stakeholders towards the most innovative and cost-effective responses to the Dodd-Frank mandates,” Commissioner O’Malia said.
Commissioner O’Malia was confirmed by the U.S. Senate on October 8, 2009 and is currently serving a five-year term that expires in April 2015. Commissioner O’Malia chairs the CFTC Technology Advisory Committee.
Last Updated: June 7, 2011