The Depository Trust & Clearing Corporation (DTCC) issued the following statement in response to Senate confirmation of new U.S. Commodity Futures Trading Commission Chairman: Heath P. Tarbert.
“We congratulate Heath Tarbert on his confirmation as CFTC Chairman. Chairman Tarbert’s experience at the Treasury, FSB and elsewhere in government, plus time in the private sector, put him in a strong position to lead the CFTC going forward. We look forward to working with Chairman Tarbert and Commissioners Behnam, Berkovitz, Quintenz and Stump. We would also like to take this opportunity to thank Christopher Giancarlo for all of his work in protecting the safety and soundness of the global financial community, and to wish him well for the future.”