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Giancarlo Said to Be Vetted for Republican CFTC Commissioner Job

J. Christopher Giancarlo, executive vice president at interdealer broker GFI Group Inc., is the top candidate for a Republican appointment this year to the U.S. Commodity Futures Trading Commission, according to three people briefed on the matter.

Giancarlo is being vetted for the seat held by Jill E. Sommers, who has said she is planning to step down, according to the people, who spoke on condition of anonymity because the discussions aren’t public. If nominated and confirmed by the Senate, he would join a five-member commission working to draft Dodd-Frank Act regulations for the $633 trillion swaps market.