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Controversial JPMorgan Executive Withdraws From CFTC Post

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Mark Melin
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Just a day after U.S. Commodity Futures Trading Commission acting commissioner Mark Wetjen was reported to have made a decision to appoint Blythe Masters to sit on a regulatory advisory panel, the controversial head of the commodity trading division at JPMorgan Chase & Co. (NYSE:JPM) has withdrawn her name from consideration, according to a report by Bloomberg’s Silla Brush and Hugh Son, who also first reported on Master's initial appointment.  Masters said she needs to focus on the sale of JPMorgan's commodity unit.

Controversial JPMorgan Executive Withdraws From CFTC Post

Notorious commodity trading division at JPMorgan

While at JPMorgan Chase & Co....

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.