Jill E. Sommers

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Jill E. Sommers
Occupation Commissioner
Employer Commodity Futures Trading Commission
Location Washington, D.C., USA
Web site www.cftc.gov

Jill E. Sommers is one of five commissioners of the US Commodity Futures Trading Commission, and chairs its Global Markets Advisory Committee.

Contents

Background

http://www.ise.com/

Jill Sommers was sworn in as a CFTC commissioner in August 2007; her term expires expires mid-April 2009. President Obama nominated Sommers for a second term in late July of 2009 but confirmation depends on the U.S. Senate. [1]

She has worked in the commodity futures and options industry in a variety of capacities throughout her career. In 2005, Sommers was the policy director and head of government affairs for the International Swaps and Derivatives Association, where she worked on a number of over-the-counter derivatives issues.

In February 2008, she was appointed chairman and designated federal official of the CFTC's Global Markets Advisory Committee (GMAC).[2] The GMAC studies the competitive and regulatory issues facing U.S. markets and U.S. firms engaged in providing financial services around the world.

She previously worked for Chicago Mercantile Exchange, where her responsibilities included overseeing regulatory and legislative affairs for the exchange and working closely with congressional staff drafting the Commodity Futures Modernization Act of 2000.

Sommers launched her career in Washington in 1991 (through 1995) as an intern for Senator Robert J. Dole (R-KS). She later served as a legislative aide for two consulting firms specializing in agricultural issues, Clark & Muldoon, P.C., and Taggart and Associates.

Education

Sommers holds a Bachelor of Arts degree from the University of Kansas.

Also See

CFTC commissioners


Speeches & Testimony

The CFTC keeps an online archive of all of the speeches[3]

Resources

References

  1. Obama Nominates Jill Sommers to Additional CFTC Term (Update1). Bloomberg. Retrieved on July 22, 2009.
  2. "Jill E. Sommers Appointed to Chair CFTC’s Global Markets Advisory Committee”. CFTC. Retrieved on February 4, 2008.
  3. Jill Sommers Speeches & Testimony. U.S. Commodity Futures Trading Commission. Retrieved on January 11, 2008.
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