Former CFTC commissioner Jill Sommers joins FTX US Derivatives board

Cointelegraph

Published Sep 01, 2022 01:45PM ET

Updated Sep 01, 2022 03:40PM ET

Jill Sommers, who served as a commissioner at the United States Commodity Futures Trading Commission, has joined the board of directors for FTX US Derivatives.

In a Thursday announcement, crypto exchange FTX US’ derivatives arm said Sommers had become its latest board member in a move seeming to increase the company’s regulatory efforts. Sommers served as a CFTC commissioner from 2007 to 2013 under former Presidents Barack Obama and George W. Bush and was the managing director of regulatory affairs for the Chicago Mercantile Exchange.

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