Gary Gensler’s term as chairman of the U.S. agency writing regulations required by the Dodd-Frank Act for the global swaps market ends tomorrow. All the same, his ability to craft rules for companies including Goldman Sachs Group Inc. and JPMorgan Chase & Co. could extend at least until next year.

Federal rules permit Gensler, a Democrat, to remain as chairman of the U.S. Commodity Futures Trading Commission until the end of 2013. If President Barack Obama loses re-election in November, his successor could nominate a replacement as chairman earlier. White House spokeswoman Amy Brundage declined to comment on whether the president will re-nominate Gensler.


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