Bart Chilton slams President Obama's 2015 budget for the CFTC
A commissioner from the US
derivatives watchdog has slammed President Obamas FY2015
budget in which it proposes to allocate $280m to the agency, a
$35m drop in comparison to last year, writes Joe
Bart Chilton, the longest serving
member of the Commodity Futures Trading Commission (CFTC), has
voiced his anger in response to the proposed cut, which he
argues would restrict the regulators enforcing and
Even during a time of deficit, our country must do all
it can to avoid a repeat of what led to the economic
mess, said Chilton.
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