New York, NY, August 13, 2012 -- Commissioner Bart Chilton, Commodity Futures Trading Commission, will return this fall to the worlds most influential high-frequency trading conference, Golden Networkings High Frequency Trading Leaders Forum 2012, "How Knight Capital's 'Knightmare on Wall Street' Could Transform the Regulatory Landscape and Impact Investors and Speed Traders" (http://High-Frequency-Trading-Conference.com). This conference will provide attendees in New York, Chicago and London with the most up-to-date review of where this ever-changing industry stands and how new technology and regulatory developments will impact it.
Commissioner Chilton has served as the Chairman of the CFTCs Energy and Environmental Markets Advisory Committee (EEMAC). His career spans 25 years in government serviceworking on Capitol Hill in the House of Representatives, in the Senate, and serving in the Executive Branch during the Clinton, Bush and Obama Administrations.
Commissioner Chilton worked in the U.S. House of Representatives from 1985 to 1995, where he was legislative director for three different members of Congress and was the executive director of the Congressional Rural Caucus. He later worked in the executive branch during the Bill Clinton and George W. Bush administrations, where he became the deputy chief of staff to U.S. Secretary of Agriculture Dan Glickman and served as a liaison to the U.S. Department of Agriculture. From 2001 to 2005, he was a senior advisor to Senator Tom Daschle. In 2005, he went to the Farm Credit Administration, where he was an executive assistant to the board, afterward becoming chief of staff and vice president for governmental relations at the National Farmers Union, representing family farmers.
Commissioner Chilton has been one of the five CFTC commissioners since August 2007, when he was confirmed by the U.S. Senate after having been nominated by President Bush. He was the Chairman of the CFTCs Energy and Environmental Markets Advisory Committee. He was re-nominated by President Barack Obama and re-confirmed by the Senate in 2009. In his first official remarks
as a new commissioner on the CFTC, Commissioner Chilton made clear his support for market regulation and has, since joining the CFTC, worked for the implementation of position limits.
In early 2010, he was contacted by Andrew Maguire, who detailed fraud taking place in the precious metals markets. Commissioner Chilton had one of the senior investigators from the CFTC's enforcement division contact Maguire, who shared information in an hour-long telephone interview and detailed e-mails. Maguire accurately predicted a manipulative event in the silver futures market, notifying Commissioner Chilton and the investigator two days in advance and sending additional e-mails while it was taking place, pointing out important data.
Commissioner Chilton believes violations of law that have taken place in the silver futures market and has said he wants to see prosecutions. Gold Anti-Trust Action Committee board member Adrian Douglas has called Commissioner Chilton "the modern-day equivalent of Eliot Ness". In late 2010, he revealed that a single trader controlled 40 percent of the silver market, although in compliance with the Dodd-Frank financial reform legislation, the CFTC has proposed a position limit of ten percent.
Commissioner Chilton was born in Delaware and spent his youth in Indiana, where he attended Purdue University (19791982). He studied political science and communications and was a collegiate leader of several organizations. Commissioner Chilton and his wife, Sherry Daggett Chilton, split their time between Washington, D. C. and Arkansas.
High Frequency Trading Leaders Forum 2012, http://www.HFTLeadersForum.com, is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to firstname.lastname@example.org.
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