FacultyFaculty/Author Profile

Walter Lukken

US Commodity Futures Trading Comm

Washington, DC, USA


Walter L. Lukken currently serves as a Commissioner of the Commodity Futures Trading Commission (CFTC), with a term expiring in April 2005. The Commission is responsible for overseeing the laws and regulations that govern our nation’s futures and options exchanges. President Bush nominated him to this post in January 2002 and the Senate confirmed his nomination in August 2002.

Commissioner Lukken was appointed in October 2003 to serve as Chairman and Designated Federal Official of the CFTC’s Global Markets Advisory Committee (GMAC). The GMAC was created by the Commission to provide a forum in which it can discuss the many complex and novel issues raised by the ever-increasing globalization of futures markets. Commissioner Lukken is also Vice Chairman of the Agricultural Advisory Committee.

Prior to joining the CFTC, Mr. Lukken served four years on the professional staff of the U.S. Senate Agriculture Committee under Ranking Member Richard Lugar (R-IN). While working for the Committee, Mr. Lukken specialized in futures and derivatives markets, agricultural banking, and agricultural tax issues. In this capacity, Mr. Lukken was fully involved in the drafting of the Commodity Futures Modernization Act of 2002 (H.R. 5660) and the 2002 Farm Bill (H.R. 2646).

Before joining the Committee, Mr. Lukken worked for five years in the personal office of Senator Lugar as a legislative assistant specializing in finance and tax matters. A native of Richmond, Indiana, Mr. Lukken received his B.S. degree with honors from the Kelley School of Business at Indiana University, and his Juris Doctor degree from Lewis and Clark Law School in Portland, Oregon. Mr. Lukken is a member of the Illinois Bar.

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