Tim Massad
Commodity Futures Trading Commission Chairman Tim Massad has decided to “sponsor” the CFTC’s agricultural advisory committee, which advises the commission on matters involving the trading of agricultural commodity futures, options and swaps, and facilitates communications among the CFTC, the agricultural community, and agriculture-related organizations.

“Sponsor” is the term the CFTC used in a news release to announce who would be in charge of each advisory committee:

• Commissioner J. Christopher Giancarlo will sponsor the energy and environmental markets advisory committee, which advises on matters of concern to exchanges, firms, end users, and regulators regarding energy and environmental markets and their regulation by the commission.
• Commissioner Mark Wetjen will continue to sponsor the global markets advisory committee, which advises on the integrity and competitiveness of U.S. markets and U.S. firms engaged in global business.
• Commissioner Sharon Bowen will sponsor the market risk advisory committee, which advises on matters relating to evolving market structures and movement of risk across clearinghouses, exchanges, intermediaries, market makers, end-users.
• The commissioners will rotate responsibilities for the technology advisory committee, which advises on the impact and implications of technological innovations on financial services and the futures and swaps markets. Wetjen will be the first to sponsor the committee.