Too Cozy? A Promotion Highlights Regulator’s Ties to Wall Street

The new head of the U.S. Commodity Futures Trading Commission has promoted the daughter of a senior executive at Wall Street’s main derivatives lobbying group, provoking concern among some agency employees that the regulator is too cozy with the financial industry.

CFTC Chairman Heath Tarbert picked Anna Rosenberg in July to be a “legislative specialist,” touting her in a press release as a member of his “best in class” team. The 23-year-old had spent about a year working on Capitol Hill in junior positions before joining the commission in early 2019.

Yet it’s Rosenberg’s familial connection, not her brief professional ...