Michael Dunn
From MarketsWiki
| Michael Dunn | |
| |
| Occupation | Commissioner |
|---|---|
| Employer | Commodity Futures Trading Commission |
| Location | Washington, D.C., USA |
| Web site | www.cftc.gov |
Michael V. Dunn is a Commissioner of the U.S. Commodity Futures Trading Commission. In 2009, he served as Acting Chairman of the CFTC from January 20 to May 19. He replaced Walter Lukken as acting chairman when Barack Obama took office as president of the United States and was replaced when Obama's choice to head the commission, Gary Gensler, was confirmed as chairman by the U.S. Senate.[1][2] Gary S. Gensler was named head of the CFTC in December of 2008 by president-elect Barack Obama.[3]
Contents |
Background
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Dunn was sworn in as a CFTC commissioner in December 2004, to a term expiring in June 2006, and was nominated again by President Bush to a second term, which was confirmed by the U.S. Senate in August 2006.[4]
Dunn serves as chairman and Designated Federal Official of the Commission's Agricultural Advisory Committee (AAC). AAC was created to advise the Commission on agricultural issues surrounding the trading of commodity futures and options and to serve as a communications link with the agricultural community. He also is chairman of the Commission's Forex Task Force, created to raise public awareness of fraudulent activity in the retail foreign currency (forex) futures and option markets and to highlight the Commission's enforcement activities in forex.
Prior to his service with the CFTC, Dunn was as director of the Office of Policy and Analysis at the Farm Credit Administration (FCA) where he managed the two FCA divisions responsible for developing regulations and public policy positions for applicable statutes and promoted the safety and soundness of the Farm Credit System (FCS). He served briefly as a member of the FCA board.
Dunn has also served as Under Secretary of Agriculture for Marketing and Regulatory Programs, Acting Under Secretary for Rural Economic and Community Development, and as Administrator of the Farmers Home Administration (FmHA) at the U.S. Department of Agriculture (USDA).
Dunn has been involved in the agricultural credit arena dating back to the late 1970s, when he was the Midwest area director for the FmHA. He has been a loan officer and vice president of the Farm Credit Banks of Omaha and has served as a member of the professional staff of the Senate Agriculture Committee, specializing in agricultural credit. At the USDA, Dunn also served as a member of the Commodity Credit Corporation and Rural Telephone Bank Board. He is a past member of the Iowa Development Commission and has served as chairman of the State of Iowa's City Development Board.
Education
Dunn received his B.A. and M.A. degrees from the University of New Mexico.
Also See
Notes
(*) As of Dec. 28, 2007, only four of five CFTC commissioners were in place.
Speeches & Testimony
The CFTC keeps an online archive of all of the speeches and testimony.[5]
References
- ↑ Dunn replaces Lukken as acting chairman of CFTC. Futures & Options Intelligence. Retrieved on January 15, 2009.
- ↑ Press Release. CFTC. Retrieved on January 20, 2009.
- ↑ Obama Picks Gary Gensler To Head CFTC. LA Times. Retrieved on December 18, 2008.
- ↑ Commissioner Michael Dunn. Commodity Futures Trading Commission. Retrieved on November 12, 2007.
- ↑ Michael Dunn Speeches and Testimony. U.S. Commodity Futures Trading Commission. Retrieved on January 11, 2008.
