Release: #4688-02
For Release: August 7, 2002


Washington, D.C. – Walt Lukken was sworn in today as a Commissioner of the Commodity Futures Trading Commission (CFTC), the federal agency that regulates commodity futures and option trading in the United States.

CFTC Chairman James E. Newsome administered the oath of office in a ceremony attended by CFTC Commissioners and senior staff. Mr. Lukken was nominated by President Bush on April 16, 2002, and confirmed by the Senate on August 2, 2002, to a term expiring April 13, 2005.

Mr. Lukken joins the CFTC after having served four years on the professional staff of the U.S. Senate Agriculture Committee (Committee) under Ranking Member Richard Lugar (R-IN). While working for the Committee, Mr. Lukken specialized in futures and derivatives markets, agricultural banking, and agricultural tax issues. Before joining the Committee, Mr. Lukken worked for five years in the personal office of Senator Lugar as a legislative assistant specializing in finance and tax matters.

A native of Richmond, Indiana, Mr. Lukken received his B.S. degree with honors from the Kelley School of Business at Indiana University, and his Juris Doctor degree from Lewis and Clark Law School in Portland, Oregon. Mr. Lukken is a member of the Illinois Bar.

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