Senator Patrick Leahy is recommending a Bellows Falls man to President Barack Obama for appointment to a federal agency that could have a role in cleaning up the nation’s financial markets.
Leahy has recommended Sean Cota to a seat on the Commodity Futures Trading Commission.
Cota has been involved in trying to get the government to step up regulation of financial instruments called derivatives.
Cota runs Cota & Cota, a longtime family-owned heating oil dealer. He’s been active in several industry groups over the years and has testified before Congress and the CFTC nine times on issues surrounding commodities and derivatives.
Leahy tells Obama that Cota has been a national leader in pushing for greater transparency in commodity and derivatives markets.