Ferc chairman to step down

Glencore Xstrata poaches Morgan Stanley LNG team; CME Group adds former bank commodity head; Tullett Prebon hires Icap weather broker; LME chief executive resigns; SEB replaces commodity chief


US Federal Energy Regulatory Commission (Ferc) chairman Jon Wellinghoff, who presided over a major build-up of the commission’s enforcement unit and oversaw high-profile market manipulation investigations of leading banks, has decided to step down.

Wellinghoff’s term was due to expire at the end of June and the resignation had been expected. He will remain as Ferc chairman until his replacement is appointed by President Barack Obama and confirmed by the US Senate, according to a Washington, DC

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here