Newsome leaves CFTC to head up Nymex

The remaining CFTC commissioners will vote among themselves as to which of them will be made acting chairman until a permanent replacement is appointed, said Commission spokesman David Gary. “It’s likely that the acting chair will be in place for a while,” he added. Gray declined to say whether the financial regulator has anyone in mind to replace Newsome, who has served as CFTC chairman since December 2001.

Newsome said: “Serving President Bush and the public as chairman during a period of

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