13. Jill Sommers
Commissioner of the U.S. Commodity Futures Trading Commission (CFTC)
During the MF Global debacle, the futures industry was especially hard hit by the revelation that customer-segregated funds were not untouchable, as had long been believed. The industry regulator charged with investigating the debacle is Jill Sommers, who took on the task after CFTC Chairman Gary Gensler recused himself from the case.
In December 2011, Sommers told Reuters that CFTC investigators already had a clear picture of where the MF Global money went. “We certainly don’t want to lead anyone to believe we don’t know what happened,” she said. “We do know, and we see where all the transactions went.” Sommers has not yet commented on Thursday’s report, which placed some of the blame for the firm’s collapse on regulators including the CFTC.