NTEU Wins Election to Represent CFTC Employees

Press Release October 30, 2014

Washington, D.C.—The National Treasury Employees Union (NTEU) was elected the exclusive representative of nearly 370 employees of the U.S. Commodity Futures Trading Commission (CFTC) in three locations: Washington D.C., Kansas City, Mo., and Chicago.

“We welcome these CFTC employees to NTEU. They looked at NTEU’s record of success at other financial agencies and will now have the same level of representation for themselves. NTEU is proud to represent them and ready to get started,” NTEU National President Colleen M. Kelley said.

The CFTC’s union representation election began Oct. 14 and ended on Oct. 29. Employees voted online and by telephone. The Federal Labor Relations Authority (FLRA) oversaw the election process and counted the ballots today. NTEU won with 87 percent of the vote.

As the largest independent union representing federal workers, NTEU has thousands of members at other major financial regulatory agencies, including the Securities and Exchange Commission, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, the National Credit Union Administration, and the Consumer Financial Protection Bureau.

“CFTC employees provide a valuable service by protecting the public from fraud, abusive practices and risk related to derivatives. Advocating for their fair and equitable treatment will be our top priority,” President Kelley said. “We seek a collaborative relationship with CFTC management to help the agency fulfill its mission.”

As the largest independent federal union, NTEU represents 150,000 employees in 31 agencies and departments.

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