GFI's Michael Cosgrove to CFTC’s Scott O’Malia

Q1. Can you tell us briefly about your background and how you came to the CFTC? Any regrets?

I have spent most of my career in policy making on Capitol Hill, specifically in energy-related areas. I also worked from 2001 to 2002 at energy trading company, Mirant. At that time, California's energy crisis and Enron occurred. These were eye-opening experiences that demonstrated the impact of flawed market design and the lack of oversight. That was a pretty critical time in understanding and