Commodity Futures Trading Commission (CFTC) is pushing to
end joint regulation of single stock futures, despite having
just signed a memorandum of understanding (MOU) with Securities
and Exchange Commission (SEC) for greater cooperation on the
CFTC Chairman James Newsome told reporters in Boca Raton
that the joint regulatory structure does not appear to be
working well and Congress may have to clarify which regulator
should oversee the securities futures markets.
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