CFTC Commissioner Christy Goldsmith Romero Retires
Commissioner Christy Goldsmith Romero stepped down from the CFTC after completing her term.
Brian Quintenz will succeed her. President Trump nominated Mr. Quintenz to be the next CFTC Chair. (See related coverage.)
The agency issued a statement highlighting her work on the Commission, including efforts "to increase surveillance to ensure prices for food and fuel were not artificially increased by fraud or manipulation," on the drafting of the CFTC's first proposed rule on cyber resilience for banks and brokers, and her work on climate risk "given the impact of severe climate events on agricultural and energy markets." The CFTC also said she "changed the CFTC's routine practice of settling all cases without requiring defendants to admit their misconduct and called for stricter penalties for recidivism and violations of anti-money laundering laws." Ms. Goldsmith Romero also "proposed the creation of a National Financial Fraud Registry, and advocated that Congress define 'retail customer' for derivatives markets." Further, the CFTC recognized her for sponsoring the CFTC's Technology Advisory Committee.
Ms. Goldsmith Romero was sworn in as a CFTC Commissioner on March 30, 2022. Prior to becoming a CFTC Commissioner, she served for 12 years at the Department of Treasury. She also served for six years at the SEC, including as counsel to two SEC Chairs after serving on the staff of the Enforcement Division.
Until Mr. Quintenz's confirmation, the CFTC has three Commissioners: Acting Chair Pham (R), Commissioner Johnson (D) and Commissioner Mersinger (R).