WASHINGTON Jill Sommers, one of five commissioners at the Commodity Futures Trading Commission, said on Thursday that she would resign from the top U.S. derivatives regulator.
Sommers, a Republican, did not give a reason for her departure from the CFTC. She said in a letter that she intended to depart after the first quarter of this year.
Sommers was sworn in on August 8, 2007, to a term that expired April 13, 2009. On July 20, 2009, she was nominated to serve a five-year second term, and was confirmed by the United States Senate on October 8, 2009.
(Reporting by Douwe Miedema, Additional reporting by Aruna Viswanatha and Emily Stephenson; Editing by Gary Hill)