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obama-cftcjpeg-026d4_mugshot_four_by_three.jpg

President Barack Obama, flanked by outgoing Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler, left, and his nominee to become CFTC Chairman Timothy Massad, makes the announcement, Tuesday, Nov. 12, 2013, in the State Dining Room of the White House in Washington. (AP Photo/ Evan Vucci)

Obama CFTC.JPEG-026d4.jpg

Obama CFTC.JPEG-026d4.jpg

President Barack Obama, flanked by outgoing Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler, left, and his nominee to become CFTC Chairman Timothy Massad, makes the announcement, Tuesday, Nov. 12, 2013, in the State Dining Room of the White House in Washington. (AP Photo/ Evan Vucci)

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massad_mugshot_four_by_three.jpg

President Obama on Tuesday will nominate Timothy Massad as chairman of the Commodity Futures Trading Commission, a White House official said. (Treasury.gov)

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President Obama on Tuesday will nominate Timothy Massad as chairman of the Commodity Futures Trading Commission, a White House official said. (Treasury.gov)