The Commodity Futures Trading Commission elected Commissioner Michael V. Dunn to serve as acting chairman until President Obama‘s nominee, Gary S. Gensler, has been confirmed by the Senate. Dunn succeeds Walter Lukken, who served as acting chairman since June 27, 2007 and announced his resignation effective Jan. 20. Lukken will remain a commissioner.

President Obama has yet to name a new Chairman for the Federal Energy Regulatory Commission (FERC). Earlier this month Joseph T. Kelliher, who was named FERC chairman by then-President George W. Bush more than three years ago, announced that he would step down as chairman effective Jan. 20, but would continue to serve as a commissioner while he pursues job opportunities outside the Commission (see Daily GPI, Jan. 8). Kelliher will remain chairman until Obama names a successor, a FERC spokesman said Tuesday.

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