Washington, D.C., June 5, 2019 – SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the Senate confirmation of Heath Tarbert as Chairman of the Commodity Futures Trading Commission:

“We congratulate Heath Tarbert, Acting Under Secretary for International Affairs at the U.S. Department of the Treasury, on his confirmation as Chairman of the CFTC.  We look forward to working with Dr. Tarbert on issues that enhance and maintain the integrity of our capital markets and wish him success in his new role.”

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SIFMA is the leading trade association for broker-dealers, investment banks and asset managers operating in the U.S. and global capital markets. On behalf of our industry’s nearly 1 million employees, we advocate for legislation, regulation and business policy, affecting retail and institutional investors, equity and fixed income markets and related products and services. We serve as an industry coordinating body to promote fair and orderly markets, informed regulatory compliance, and efficient market operations and resiliency. We also provide a forum for industry policy and professional development. SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA). For more information, visit http://www.sifma.org.