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CME Group Reached Record Average Daily Volume of 15.6 Million Contracts in 2016; Wall Street Lawyer Jay Clayton Emerges as Top Candidate for SEC Chairman; No One Questioned This Hedge Fund’s Madoff-Like Returns John Lothian Newsletter,Newsletter

First Read CFTC Chairman Timothy Massad Announces Resignation as Chairman CFTC Chairman Timothy G. Massad today said he has tendered to President Obama his resignation as Chairman of the U.S. Commodity Futures Trading Commission, effective on January 20, 2017. Mr. Massad issued the following statement: “For the past two and a half years, I’ve had the privilege of working alongside the very talented CFTC staff, and I thank them for their dedication on behalf of the American people. I also want to express my appreciation to my fellow Commissioners, Sharon Bowen and Chris Giancarlo, for the constructive and collaborative engagement…