Gary Gensler served as Chair of the Commodity Futures Trading Commission (“CFTC”)from May 26, 2009 to January 3, 2014. He presided over the CFTC during the period that followed the 2008 financial crisis and led the CFTC through the development and implementation of Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”). During that time, the CFTC established new rules related to the trading, clearing, and reporting of swaps and fundamentally changed the over-the-counter swaps market regulatory framework. Chair Gensler calculated that, during his tenure, the CFTC completed “over 170 Dodd-Frank actions - nearly one a week since it was signed into law.”
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