Release: 5028-04
For Release: December 6, 2004

Michael V. Dunn Sworn in as CFTC Commissioner

WASHINGTON, D.C. – Michael V. Dunn was sworn in today as a Commissioner of the Commodity Futures Trading Commission (CFTC), the federal agency that regulates commodity futures and option trading in the United States.

CFTC Acting Chairman Sharon Brown-Hruska administered the oath of office in a ceremony attended by CFTC Commissioner Walt Lukken and senior staff. Mr. Dunn was nominated by President Bush on November 16, 2004, and confirmed by the Senate on November 21, 2004, to a term expiring June 19, 2006.

Mr. Dunn joins the CFTC from the Office of Policy and Analysis at the Farm Credit Administration (FCA) where he was the Director. Mr. Dunn was responsible for managing the two FCA Divisions responsible for developing regulations and public policy positions for applicable statutes and promoting the safety and soundness of the Farm Credit System. Prior to joining FCA, Mr. Dunn was the Under Secretary of Agriculture for Marketing and Regulatory Programs at the U.S. Department of Agriculture (USDA). He also served as the Acting Under Secretary for Rural Economic and Community Development and as Administrator of the Farmers Home Administration at USDA.

A native of Keokuk, Iowa, and a current resident of Harpers Ferry, West Virginia, Mr. Dunn received his B.A. and M.A. degrees from the University of New Mexico.

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