Statement of Acting Chairman J. Christopher Giancarlo on Commissioner Sharon Y. Bowen’s Future Departure

June 20, 2017

"I commend Sharon on her tenure as a Commissioner.  She has brought significant experience and a clear and consistent voice to fulfilling the mission of the CFTC. Our time together has been one of mutual respect and genuine interest in the health of our U.S. markets. I have truly enjoyed the productive and cooperative relationship we have built, and I believe it has set a positive tone for the entire Commission. In an era where cooperation in Washington is rare, it has flourished here at the CFTC, and I am grateful to Sharon for her partnership in making that the standard for Commission operations.

"During her tenure as Commissioner, Sharon has been an active leader in many areas, including her sponsorship of the Market Risk Advisory Committee, and she has made a significant impact as a result of her work. Despite functioning with only two commissioners, we have managed to be very productive, launching initiatives such as LabCFTC and Project KISS to make the CFTC a more efficient and effective regulator for the modern markets.

“As the Acting Chairman, I will continue the work that Sharon and I did together to ensure the agency will continue to further its mission to foster open, transparent, competitive and financially sound markets in a way that best fosters broad-based economic growth and American prosperity.”

Last Updated: June 26, 2017