FMX Futures Exchange appoints Dr. Sharon Brown-Hruska to its BoD
Global brokerage and financial technology company BGC Partners, Inc. (NASDAQ:BGCP) today announced the addition of Dr. Sharon Brown-Hruska to the FMX Futures Exchange Board of Directors. Dr. Brown-Hruska will serve as a Member of the Board and the Regulatory Oversight Committee Chair.
Dr. Sharon Brown-Hruska commented:
“I’m excited to join the Board of the FMX Futures Exchange. The FMX Futures Exchange is a game-changer that brings smart innovation and cutting-edge technology to the interest rate futures market. This initiative will add much-needed resiliency, capacity, and liquidity to the interest rate futures market to promote competition and reduce systemic risk.”
Dr. Sharon Brown-Hruska served as Acting Chairman of the Commodity Futures Trading Commission (CFTC) from July 2004 until July 2005. Dr Brown-Hruska was nominated by to a second term as a Commissioner and confirmed by the Senate on November 21, 2004, to a term expiring April 13, 2009.
While at the CFTC, Dr. Brown-Hruska served as a member of the President’s Working Group on Financial Markets, the President’s Corporate Fraud Task Force, and played a leadership role in cooperative enforcement with national and international authorities. She worked closely with staff attorneys and the CFTC Office of Cooperative Enforcement to facilitate interagency actions, including prosecuting manipulation and fraudulent Ponzi schemes in foreign currency, energy, and other commodities.
Working with other agencies, she led the agency’s efforts in the development of anti-money laundering (AML) and “Know Your Customer” requirements and was a leading member of the Financial Literacy and Education Commission.
Dr. Brown-Hruska is an arbitrator for the National Futures Association (NFA) and has testified as an expert in arbitrations before the Financial Industry Regulatory Authority (FINRA) on securities regulatory requirements and industry practices. She serves on the Panel of Recognized International Market Experts in Finance (P.R.I.M.E. Finance), specializing in dispute resolution and international arbitration concerning derivatives and complex transactions.
She has served as a Professor at Tulane University’s Energy Institute and as a Visiting Professor of Finance at Tulane University’s A.B. Freeman School of Business. Dr. Brown-Hruska earned her BA in economics and international studies, along with her Ph.D. and MA in economics at Virginia Polytechnic Institute.