Increased regulation looming as SEC and CFTC jockey for position
The severe financial crisis that has unfolded over the last two years has revealed serious weaknesses in the structure of U.S. financial regulation, as well as the pressing need for a comprehensive regulatory framework. Part of President Obama’s new financial regulation plan is to regulate the [...]
Posts tagged as:
CFTC Head Addresses Futures Industry in Chicago
October 21, 2009Futures Industry Association Annual Expo
CFTC Chairman Gary Gensler today spoke at the Futures Industry Association’s annual expo in Chicago. While most of the Chairman’s speech focused on the proposed regulation of the OTC derivatives markets, Chairman Gensler also discussed the recent SEC and CFTC Harmonization report. As you can imagine, Gensler [...]