Caroline Pham has made a number of acting directorial appointments within the commission following her designation as acting CFTC chairman
Pham will be in the role until a permanent chairman is nominated by Donald Trump and confirmed by the Senate. Division heads will then be reappointed.
READ MORE: Pham replaces Behnam as CFTC chair
Under the new administration, the CFTC is expected to reduce regulation by enforcement – also a goal of Trump’s SEC.
READ MORE: Trump’s acting SEC chair has history of opposing fellow commissioners
On the appointments, Pham said: “I want to recognise and thank former Chairman Behnam and his staff. I am grateful for their combined many decades of faithful service to the CFTC, and I appreciate our talented CFTC staff who will be assuming these roles on an interim basis.”
Meghan Tente has been named acting general counsel, replacing Rob Schwartz. Tente was previously Pham’s chief of staff, before which she led the division of market oversight.
The market oversight division is now led by Amanda Olear, recently head of the market participants division. Tom Smith has replaced her in this role, formerly serving as a deputy director in the division. He has been with the CFTC for more than two decades.
Brian Young is the commission’s new head of the division of enforcement. Young joined the commission last year as director of the whistleblower office, before which he spent almost 20 years at the US Department of Justice. There, he worked in the antitrust and fraud divisions. He replaces Ian McGinley, who announced his departure from the commission earlier this month.
READ MORE: Ian McGinley follows Behnam, jumps CFTC ship
Clearing and risk is now overseen by Richard Haynes, who has been deputy director of the risk surveillance branch since 2021. Mauricio Melara has been named head of the office of international affairs.
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