Brooksley Born
Brooksley E. Born (born August 27, 1940) is an American attorney and former public official who, from August 26, 1996, to June 1, 1999, was chairperson of the Commodity Futures Trading Commission (CFTC), the federal agency which oversees the futures and commodity options markets. During her tenure on the CFTC, Born lobbied Congress and the President to give the CFTC oversight of off-exchange markets for derivatives in addition to its role with respect to exchange-traded derivatives, but her warnings were opposed by other regulators. Born resigned as chairperson on June 1, 1999, shortly after Congress passed legislation prohibiting her agency from regulating derivatives.
Read more about Brooksley Born: Early Life and Education, Born and The OTC Derivatives Market, Personal Life
Famous quotes containing the word born:
“You were born into a different world that will present you with different gifts and challenges. A new vision of manhood will be called for that does not tie so closely into the more aggressive and competitive residues of our male character. You will need to search out new ways of expressing strength, showing mastery, and exhibiting courage—ways that do not depend upon confronting the world before you as an adversary.”
—Kent Nerburn (20th century)