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White House nominates Obama pick for CFTC commissioner

Commodity Futures Trading Commission

Brian D. Quintenz was nominated for the Commodity Futures Trading Commission.

Until November, Mr. Quintenz was founder, managing principal and chief investment officer of Saeculum Capital Management, where he oversaw a commodity pool hedge fund. He has also worked at hedge fund Hill-Townsend Capital and as a legislative aide and senior policy adviser to former Rep. Deborah Pryce, R-Ohio.

The White House made the announcement May 12. Mr. Quintenz was first nominated by President Barack Obama in 2016 and approved by the Senate Agriculture Committee, but the full Senate did not act on the confirmation before the end of the 114th Congress. If confirmed, he would fill out the remainder of a five-year term that ends April 2020, and be the second Republican, along with acting Chairman J. Christopher Giancarlo. The CFTC has three vacancies on the five-member panel.