CFTC commissioner said what many trading firms have been saying for a while
One of the top US futures regulators has warned poor
co-ordination between international authorities could pave the
way for regulatory arbitrage and harm the markets they
Scott O’Malia, one of five commissioners at the
Commodity Futures Trading Commission, told a legal conference
in New York regulators should think like doctors and work to
ensure their subjects are "healthy and well-functioning".
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