Pham replaces Behnam as CFTC chair

Caroline Pham has been named acting chairman of the Commodity Futures Trading Commission (CFTC), replacing Rostin Behnam.

Behnam announced his departure earlier this month, after seven years at the commission and more than three years as chairman. He officially leaves his post on 7 February.

Since his announcement, the CFTC has also seen clearing and risk director Clark Hutchison and departure of enforcement director Ian McGinley exit the commission.

READ MORE: Ian McGinley follows Behnam, jumps CFTC ship

Pham has been a CFTC commissioner since early 2022, before which she spent more than seven years in senior roles at Citi. These included managing director and head of market structure for strategic initiatives, head of capital markets regulatory strategy and engagement, and deputy head of global regulatory affairs.

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