Walter L. Lukken
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President Bush nominated and the U.S. Senate confirmed Walter Lukken as a Commissioner of the Commodity Futures Trading Commission (CFTC) in 2002 to a term expiring in April 2005. The Commission is responsible for overseeing the laws and regulations that govern the U.S. futures exchanges. In May 2005, Mr. Lukken was nominated by President Bush to a second term as a Commissioner, and confirmed by the Senate in June 2005, to a term expiring April 13, 2010. Commissioner Lukken serves as Chairman of the CFTC’s Global Markets Advisory Committee (GMAC). The GMAC was created by the Commission to provide an industry forum in which it can discuss the many complex and novel issues raised by the ever-increasing globalization of futures markets. In this role, Commissioner Lukken frequently represents the Commission before international organizations and forums, including the International Organization of Securities Commissions (IOSCO) and the Committee of European Securities Regulators (CESR). He has spoken before the U.S.-China Joint Economic Committee hosted by the U.S. Department of Treasury in 2004 on the developing role of derivatives markets in China. Commissioner Lukken has testified before Congress on the role of derivatives markets in the rising cost of energy and has represented the agency as part of the President’s Working Group on Financial Markets. He works frequently with other domestic and foreign financial regulators, including his collaboration with SEC Commissioner Paul Atkins to complete a memorandum of understanding between the CFTC and the SEC regarding security futures products in March 2004. Prior to joining the CFTC, Commissioner Lukken served as counsel for five years on the professional staff of the U.S. Senate Agriculture Committee under Chairman Richard Lugar (R-IN), specializing in futures and derivatives markets. In this capacity, Commissioner Lukken was prominently involved in the development, drafting and passage of the CFMA (H.R. 5660). As a result of his legislative efforts, the Wall Street Letter nominated him for its “Washington Impact Player of the Year 2000.” A native of Richmond, Indiana, he received his B.S. degree with honors from the Kelley School of Business at Indiana University, and his Juris Doctor degree from Lewis and Clark Law School in Portland, Oregon. Commissioner Lukken is a member of the Illinois Bar. He is married to Dana Bostic Lukken of Morgan City, Louisiana, and they and their son William and daughter Genevieve reside in Washington, D.C.
See also: 08:45 am Roundtable I - Crisis Management and Disaster Recovery
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