CFTC chairman Gensler to step down at end of 2013: WSJ

Reuters
Commodity Futures Trading Commission Chair Gensler testifies at Senate Banking, Housing and Urban Affairs Committee hearing on Capitol Hill
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Commodity Futures Trading Commission Chair Gary Gensler testifies at a Senate Banking, Housing and Urban Affairs Committee hearing on Capitol Hill July 30, 2013. REUTERS/Jose Luis Magana

LONDON (Reuters) - Gary Gensler, chairman of U.S. financial markets regulator the Commodity Futures Trading Commission, will leave the agency at the end of the year, the Wall Street Journal reported, citing a person familiar with the matter.

Gensler will leave after five years in the job, having overseen a revamp of derivatives markets under the 2010 Dodd-Frank law.

Democratic commissioner Mark Wetjen, former CFTC enforcement chief Geoffrey Aranow, New York Law School professor Richard Filler and Treasury Department official Timothy Massad are among those being considered to succeed Gensler, the Journal reported, citing people familiar with the situation.

(Writing by Richard Mably; Editing by Dale Hudson)

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