Tim Massad called again for more CFTC money in its 2016 budget
Commodity Futures Trading Commission
chairman Tim Massad has outlined his priorities for the
world’s top futures regulator in 2015 and called
again for additional funding from the US government.
Speaking before the US House Committee on
Agriculture in Washington DC, Massad underlined the importance
of effective regulation and thanked his staff for the good
progress made since his appointment in June.
The CFTC boss went on to highlight his
priorities for 2015, citing the
clarification of the rules on "residual interest"; the
harmonisation of swaps reporting rules across national
rules for the margin of uncleared swaps; and
clearing recognition issues with Europe.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.