CFTC’s Berkovitz Plans to Leave Wall Street Regulator Next Month
- Democratic commissioner pushed for more oil futures oversight
- Berkovitz declined to comment on his future career plans
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Dan Berkovitz, a Democratic member of the Commodity Futures Trading Commission, will leave the Wall Street regulator next month.
Berkovitz’s exit, which he announced in a Thursday statement, will leave the five-person U.S. derivatives regulator with only two members. Rostin Behnam, another Democrat on the panel, is expected to be President Joe Biden’s pick to lead the CFTC. Dawn Stump, a Republican commissioner, is remaining in her seat.