White House to Tap Ex-CFTC General Counsel for Commissioner Seat

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By Lydia Beyoud

The White House plans to nominate Dan Michael Berkovitz, a commodities lawyer intimately familiar with the Commodity Futures Trading Commission, for a Democratic seat on the commission, according to an April 16 announcement.

Berkovitz served as CFTC general counsel from 2009 to 2013 before joining Wilmer Cutler Pickering Hale and Dorr LLP in Washington.

His nomination is likely to be considered in tandem with that of Dawn DeBerry Stump, a Republican, who has awaited confirmation since last year.

The confirmation of Berkovitz and Stump would bring a full complement of commissioners to the five-member CFTC for the first time since 2014. They would join Chairman J. Christopher Giancarlo, Republican Brian Quintenz and Democrat Rostin Behnam.

Berkovitz was previously a senior staff lawyer for the Senate Permanent Subcommittee on Investigations, in addition to multiple other government roles with a focus on the energy sector.

If approved by the Senate, Berkovitz’s term would expire April 13, 2023.

To contact the reporter on this story: Lydia Beyoud in Washington at lbeyoud@bloomberglaw.com

To contact the editor responsible for this story: Michael Ferullo at mferullo@bloomberglaw.com

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