Terms of Office
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Each CFTC commissioner is appointed specifically to one of the CFTC's five terms. When the CFTC was established in 1975, the five-year terms were staggered to ensure that one term ended each year. Because of this, certain CFTC commissioners have been appointed to and have held more than one term.
The Commissioner Terms of Office contains each five-year term and lists each commissioner who has served in that term and his or her specific dates of service. An asterisk indicates those commissioners who have held more than one of the five terms.
Commissioner
Term Available
Dates of Service
William T. Bagley
(Chairman 04/15/75 – 11/15/78)04/15/75 – 04/15/80
04/15/75 – 11/15/78
Read P. Dunn, Jr.
04/15/80 – 04/15/85
04/15/80 – 11/13/81*
Susan M. Phillips
(Acting Chairman 05/28/83 – 11/16/83)
(Chairman 11/17/83 – 07/24/87)04/15/80 – 04/15/85
04/15/85 – 04/15/9011/16/81 – 07/24/87
Wendy L. Gramm
(Chairman 02/22/88 – 01/22/93)04/15/85 – 04/15/90
04/15/90 – 04/15/9502/22/88 – 01/22/93
Sheila C. Bair
04/15/90 – 04/15/95
10/05/94 – 06/16/95*
David D. Spears
(Acting Chairman 06/02/99 – 08/10/99)04/15/95 – 04/15/00
09/03/96 – 12/20/01
Walter L. Lukken
(Acting Chairman 6/27/07- 01/20/09)04/15/00 – 04/15/05
04/15/05 – 04/15/1008/07/02 – 07/10/09
Scott D. O’Malia
04/15/05 – 04/15/10
04/15/10 – 04/15/1510/16/09
Commissioner
Term Available
Dates of Service
Gary L. Seevers
(Acting Chairman 12/06/78 – 05/03/79)04/15/75 – 04/15/79
04/15/75 – 06/01/79
Phillip McB. Johnson
(Chairman 06/08/81 – 05/01/83)04/15/79 – 04/15/84
06/06/81 – 05/01/83
Robert R. Davis
04/15/84 – 04/15/89
10/03/84 – 04/30/90
Sheila C. Bair
(Acting Chairman 08/21/93 – 12/21/93)04/15/89 – 04/15/94
05/02/91 – 10/04/94*
Mary L. Schapiro
(Chairman 10/13/94 – 01/26/96)04/15/94 – 04/15/99
10/13/94 – 01/26/96
Brooksley E. Born
(Chairperson 08/26/96 – 06/01/99)04/15/94 – 04/15/99
08/26/96 – 06/01/99
William J. Rainer
(Chairman 08/11/99 – 01/19/01)04/15/99 – 04/13/04
08/11/99 – 01/19/01
Sharon Brown-Hruska
(Acting Chairman 08/24/04 – 07/10/05)04/13/99 – 04/13/04
04/13/04 – 04/13/0908/07/02 – 07/28/06
Jill E. Sommers
04/13/04 – 04/13/09
04/13/09 – 04/13/1408/08/07 -
Commissioner
Term Available
Dates of Service
Read P. Dunn, Jr.
04/15/75 – 04/15/78
04/15/75 – 04/15/80*
James M. Stone
(Chairman 05/04/79 – 06/08/81)04/15/78 – 04/15/83
05/04/79 – 01/31/83
William E. Seale
04/15/83 – 04/15/88
11/16/83 – 09/01/88
William P. Albrecht
(Acting Chairman 01/22/93 – 08/20/93)04/15/88 – 04/15/93
11/22/88 – 08/20/93
John E. Tull, Jr.
(Acting Chairman 01/27/96 – 08/25/96)04/15/93 – 04/15/98
11/24/93 – 02/27/99
Thomas J. Erickson
04/15/98 – 04/13/03
06/21/99 – 12/01/02
Frederick W. Hatfield
04/13/03 – 04/13/08
12/06/04 – 12/31/06
Bart Chilton
04/13/03 – 04/13/08
04/13/08 – 04/13/1308/08/07 -
Commissioner
Term Available
Dates of Service
John V. Rainbolt, II
04/15/75 – 04/15/77
04/15/75 – 05/18/78
David G. Gartner
04/15/77 – 04/15/82
05/19/78 – 10/05/82
Fowler C. West
04/15/82 – 04/15/87
04/15/87 – 04/15/9210/06/82 – 01/20/93
Barbara P. Holum
(Acting Chairman 12/22/93 – 10/07/94)04/15/92 – 04/13/97
04/13/97 – 04/13/02
04/13/02 – 04/13/0711/28/93 – 12/09/03
Reuben Jeffery III
(Chairman 07/11/05 – 6/27/07)04/13/02 – 04/13/07
07/11/05 – 06/27/07
Gary Gensler
(Chairman 05/26/09 - )04/13/07 – 04/13/12
05/26/09 -
Commissioner
Term Available
Dates of Service
Robert L. Martin
06/19/75 – 06/19/76
06/19/76 – 06/19/8106/20/75 – 08/31/81
Kalo A. Hineman
(Acting Chairman 07/27/87 – 02/22/88)06/19/81 – 06/19/86
06/19/86 – 06/19/9101/12/82 – 06/19/91
Joseph B. Dial
06/19/91 – 06/19/96
06/20/91 – 11/13/97
James E. Newsome
(Acting Chairman 01/20/01 – 12/27/01)
(Chairman 12/27/01 – 07/23/04)06/19/96 – 06/19/01
06/19/01 – 06/19/0608/10/98 – 07/23/04
Michael V. Dunn
(Acting Chairman 01/20/09 – 05/26/09)06/19/01 – 06/19/06
06/19/06 – 06/19/1112/06/04 – 10/24/11
Mark P. Wetjen
06/19/11 – 06/19/16
10/25/11
* Held two separate terms of office.
See Also:
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