Former CFTC commissioner Jill Sommers joins FTX US Derivatives board By Cointelegraph

Jill Sommers, who served as a commissioner at the United States Commodity Futures Trading Commission, has joined the board of directors for FTX US Derivatives.

In a Thursday announcement, crypto exchange FTX US’ derivatives arm said Sommers had become its latest board member in a move seeming to increase the company’s regulatory efforts. Sommers served as a CFTC commissioner from 2007 to 2013 under former Presidents Barack Obama and George W. Bush and was the managing director of regulatory affairs for the Chicago Mercantile Exchange.