U.S. Senate Confirms Three Commissioners to Derivatives Agency
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The Senate voted today to confirm a new chairman and two commissioners to serve on the main U.S. derivatives regulator.
In a series of voice votes, the Senate confirmed Treasury Department official Timothy Massad to serve as chairman of the Commodity Futures Trading Commission and J. Christopher Giancarlo, an executive at New York-based inter-dealer broker GFI Group Inc., as a commissioner.