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US CFTC appoints deputy director and chief counsel of the division of enforcement


The US Commodity Futures Trading Commission (CFTC) has appointed Gretchen Lowe as principal deputy director and chief counsel in the commission’s division of enforcement.

Lowe was acting director of the division until the recent appointment of Aitan Goelman as director.
 
“Gretchen’s skill and expertise are invaluable to the CFTC, and I am pleased she will have this senior role in the enforcement division,” says CFTC chairman Tim Massad.
 
Prior to her appointment as acting director, Lowe was the chief counsel of the division. During most of her tenure at the Commission, Lowe served as an associate director. Lowe led investigations and prosecutions of many of the CFTC’s most complex cases, including the CFTC’s recent actions against banks and interdealer brokers for manipulation and false reporting of global benchmark interest rates, such as LIBOR, actions against energy companies for attempted manipulation and false reporting of natural gas price indices, and other manipulation, trade practice and internal controls cases. 


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