Bloomberg News

Former CFTC Commissioner Dunn Joins Patton Boggs Law Firm

February 07, 2012

Feb. 7 (Bloomberg) -- Michael V. Dunn, former member of the U.S. Commodity Futures Trading Commission, has joined Patton Boggs LLP, a Washington law and lobbying firm.

Dunn is a senior policy adviser at Patton Boggs, the firm announced today. He was a CFTC commissioner for about seven years before stepping down on Oct. 24. The CFTC, the main U.S. derivatives regulator, is leading efforts to complete Dodd-Frank Act rules by 2013.

“Regulatory agencies should be accessible to the businesses and industries they regulate,” Dunn said in a statement released by the firm. “I am excited to join the firm, and I look forward to helping clients navigate complex regulatory processes and agencies.”

Patton Boggs represents the Depository Trust and Clearing Corp., which collects data on derivatives transactions, and the Wholesale Markets Brokers’Association, Americas, an association of derivatives trading venues, among other clients, according to U.S. Senate records.

Dodd-Frank, the financial-rule overhaul enacted in 2010, is intended to reduce risk and boost transparency in the swaps market after largely unregulated trades helped fuel the 2008 credit crisis.

--Editors: Anthony Gnoffo, Gregory Mott

To contact the reporter on this story: Silla Brush in Washington at sbrush@bloomberg.net.

To contact the editor responsible for this story: Lawrence Roberts at lroberts13@bloomberg.net


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