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Senate Democrats Plan June Confirmation Vote for 3 CFTC Nominees

The U.S. Senate plans confirmation votes early next month for three commissioners to serve on the main derivatives-regulator, a panel that has been slowed this year without a permanent chairman or full roster of members.

Senate Democratic leaders will push to confirm Treasury Department official Timothy Massad as chairman of the Commodity Futures Trading Commission and two other nominees as commissioners, according to a leadership aide who requested anonymity in discussing the scheduling of the votes.