Third CFTC Commissioner to Resign Amid Wave of Departures

Democratic Commissioner Kristin Johnson plans to step down from the Commodity Futures Trading Commission later this year, the latest of several high-profile departures at the regulator.

Her exit, depending on its timing, could leave the commission with a single member, with either acting Chair Caroline Pham or CFTC nominee Brian Quintenz at the helm, if he is confirmed by the US Senate before Johnson’s exit.

Kristin Johnson, commissioner at the Commodity Futures Trading Commission

Photographer: Eva Marie Uzcategui/Bloomberg

There are currently only four members serving on the five-person commission and Pham has signaled her intention to resign from the agency once Quintenz is confirmed. Commissioners Summer Mersinger and Christy Goldsmith Romero ...