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Rahul Varma appointed acting director at CFTC
The government agency ensures market integrity, transparency, and financial stability.
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Bhavana P - Tue, 08, Apr 2025
- 12:09 EDT
- 274
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Rahul Varma / CFTC
The United States Commodity Futures Trading Commission (CFTC) has named Rahul Varma as the acting director of the Division of Market Oversight (DMO).
As acting director, Varma is expected to guide the DMO’s mission to foster open, transparent, competitive, and financially sound markets, while upholding regulatory compliance and market oversight.
Also read: Dr Srikanth Thudumu appointed AI director at IAAIR in Memphis
Announcing the appointment, acting chairman Caroline D. Pham said, “Rahul has ably served the CFTC for more than a decade and brings a wealth of knowledge and experience to this new role. I thank Rahul for his continued leadership in DMO.”
Varma’s appointment comes after over a decade of service at the commission. He joined the CFTC in 2013 as associate director for market surveillance in DMO, overseeing energy, metals, agricultural, and soft commodities markets. In 2017, he played a pivotal role in establishing the Market Intelligence Branch and later served as its acting deputy director. By 2024, he advanced to deputy director, overseeing both the Market Intelligence and Product Review branches.
Prior to his tenure at the CFTC, Varma held risk management and consulting roles in the private sector and served at the Federal Energy Regulatory Commission’s Office of Market Oversight and Investigations—now known as the Office of Enforcement.
Born in India, Varma has a BTech from the Indian Institute of Technology (IIT) Delhi, a master’s degree from Case Western Reserve University, and an MBA from George Washington University.
The Commodity Futures Trading Commission (CFTC) is an independent U.S. government agency that regulates futures, options, and swaps markets. Established in 1974, it ensures market integrity, transparency, and financial stability by promoting fair, competitive, and efficient trading in derivatives markets.
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