Obama nominates Sharon Bowen to CFTC

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WASHINGTON (Reuters) - President Barack Obama has chosen Sharon Bowen to fill a commissioner opening on the Commodity Futures Trading Commission, the White House said on Thursday. Bowen, a partner at the law firm of Latham and Watkins LLP, would fill a vacancy on the five-member CFTC, the regulator that polices the over-the-counter derivatives market as well as exchange-traded futures and options. The position requires Senate approval. (Washington bureau)