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Acting Chairman Walter Lukken



photo of Acting CFTC Chairman Walter Lukken
Walter Lukken was appointed Acting Chairman by the Commission on June 27, 2007. He was first appointed Commissioner in 2002 and is now serving his second term due to expire in 2010. President Bush nominated him in September 2007 to serve as Chairman of the CFTC.Acting Chairman Lukken has testified several times before Congress and represents the agency as part of the President’s Working Group on Financial Markets. He also represents the Commission before international organizations and forums, including the International Organization of Securities Commissions (IOSCO) and the Committee of European Securities Regulators (CESR).

Acting Chairman Lukken serves as chairman of the CFTC’s Energy Markets Advisory Committee, which was created by the Commission in February 2008 to address the timely and critical regulatory issues connected to the role of the futures markets for discovering prices and managing energy price risks. He also served as chairman of the CFTC’s Global Markets Advisory Committee (GMAC) from October 2003 through January 2008. The GMAC provides an industry forum in which it can discuss the many complex and novel issues raised by the ever-increasing globalization of futures markets.

Prior to joining the CFTC, Acting Chairman Lukken served for five years as counsel on the professional staff of the U.S. Senate Agriculture Committee under Chairman Richard Lugar (R-IN), specializing in futures and derivatives markets. In this capacity, he was prominently involved in the development, drafting and passage of the Commodity Futures Modernization Act of 2000 (H.R. 5660).

A native of Richmond, Indiana, he received his B.S. degree with honors from the Kelley School of Business at Indiana University, and his Juris Doctor degree from Lewis and Clark Law School in Portland, Oregon. Acting Chairman Lukken is a member of the Illinois Bar.

Last Updated: August 12, 2008