Release: 5546-08

For Release: September 17, 2008

Greg Kuserk Appointed Deputy Director of the CFTC’s Market Surveillance Section in the Division of Market Oversight

Washington, DC - The Commodity Futures Trading Commission (CFTC) announced today the appointment of Greg Kuserk as Deputy Director for Market Surveillance in the CFTC’s Division of Market Oversight. Kuserk succeeds John Fenton, who recently retired after a long and distinguished career at the CFTC.

The CFTC’s Market Surveillance program conducts daily surveillance of each active futures and options market to detect and prevent market manipulation and other market disruptions. Daily market surveillance ensures that the futures markets’ risk transfer and price discovery functions are sound. The program maintains staff in the Washington, DC, headquarters and the Commission’s Chicago and New York regional offices.

In announcing the appointment, CFTC Acting Chairman Walter Lukken said: “Greg’s unique qualifications and wealth of experience will continue to support and enhance our important mission of protecting the integrity of the futures markets and policing the markets for manipulation and fraud.”

Kuserk started his career at the CFTC in 1987 as a research economist in the former Division of Economic Analysis. During his tenure, Kuserk participated in technical assistance programs for foreign regulators, provided expert testimony in enforcement actions, and published numerous research articles. He has also played a key role in spearheading studies on the Commission’s oversight role and derivatives trading.

Kuserk studied finance and agricultural economics at Cornell University. He received his MS in agricultural economics from the University of Delaware and a BBA in marketing from the University of Notre Dame.

Media Contacts
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R. David Gary
202-418-5085

Last Updated: September 17, 2008