Read P. Dunn Jr., 63, served as excutive director of the International Institute for Cotton in Burssels for nine years before his appointment to the CFTC . . . Dunn, a Mississippian, was the Washington representative and director of foreign trade for the National Cotton Council for 11 years before accepting the Belgian post . . . Prior to his service in the Navy during World War II, he was assistant to the president of the Commodity Credit Corp.

Gary L. Seevers, 40, an economist, was special assistant to the chairman of the Council of Economic Advisers before joining the CFTC . . . He also was senior staff economist for the CEA for two years . . . Prior to his CEA work, he was an assistant professor of agricultural economics at Oregon State University . . He earned his bachelor's master's and decorate from Michigan State University . . .

William T. Bagley, 49, a liberal Republican, was a California state legislator for 14 years and headed the welfare, tax, finance and judiciary committees . . .In 1974, he ran an unsuccessful campaign for state controller . . . He was a senior partner in the San Rafael law firm of Bagley, Bianchi, Hoskins and Rosenberg prior to his aopointment to the CFTC by former President Ford in 1975 . . .

John V. Rainbolt II, 38, vice chairman, was associate counsel to the House Agriculture Committee during the drafting of the enabling legislation for the CFTC in 1974 . . . Prior to that, he was a staff assistant to then Rep. Graham Purcell (D-Tex.) . . . An Oklahoman, he served in the presidential honor guard at Ft. Myer, Va., from 1964 to 1967 . . .

Robert L. Martin, 63, is the sole commissioner with actual futures trading experience . . . Martin was active in every phase of the marketing of grain during a 40-year career which spanned service as a clerk, floor manager, pit broker, hedger, speculator and executive with processor, merchandiser and commission houses . . . His last post before joining the CFTC was as vice president of Cook Grain Co . . .