The Commodity Futures Trading Commission (CFTC) today announced the appointment of John L. Rogers to serve as the agency's Chief Information Officer and Director of the CFTC's new Office of Data and Technology.
"I'm excited to promote John to an important position that will oversee a critical component of the agency's reorganization plan that was put in place to help implement the Dodd-Frank law," said CFTC Chairman Gary Gensler. "John's longtime information technology experience will be very valuable as the agency develops and deploys new technology to oversee the markets."
"I am pleased that the Commission has established a separate Office of Data and Technology, and that John Rogers has been selected to lead this effort," said CFTC Commissioner Scott O'Malia, Chairman of the CFTC's Technology Advisory Committee. "John is well qualified to lead the technology team to expand the Commission's capability from faxes and paper forms, into the fully digital age, where the markets trade today. I am looking forward to John developing and implementing a cost-effective technology plan for the Commission that supports the expanded mission of integrating both futures and swaps market oversight."
The new Office of Data and Technology is part of the agency's restructuring to fulfill its expanded responsibilities under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). When it opens in October, the office will facilitate a comprehensive approach to developing advanced technology investments, automate regulatory functions and improve the Commission's data analysis. The new office combines staff and programs from the Office of Information Technology Services and the Market Information Group.
Last month, the CFTC announced another key appointment under the agency's Dodd-Frank reorganization plan: Gary Barnett, an attorney and global swaps market expert, to head the Division of Swap Dealer and Intermediary Oversight. Both of these positions are crucial for the agency's work to continue finalizing Dodd-Frank rules.
"I appreciate the opportunity to lead the team delivering technology solutions to advance the mission of the Commission," Mr. Rogers said. "The CFTC uses large volumes of data to perform day-to-day regulatory functions ranging from market surveillance to enforcement, and the use of technology is essential to analyzing that data."
Mr. Rogers began his tenure at the CFTC in 2001, serving until 2006 as the Branch Chief overseeing systems development. In 2006, he was promoted to Director of the Office of Information Technology Services. Mr. Rogers has more than 28 years of experience in the information technology field, serving in both the private and public sectors.
Mr. Rogers is a graduate of the George Washington University and lives in Arlington, VA. He and his wife Philomena have four daughters, Sydney, Maryanne, Shelby and Natalie.