Comments come a month after he launched an attack on Dodd-Frank
US Commodity Futures
Trading Commissioner Chris Giancarlo has again criticised the
Dodd-Frank Act’s proposed position limits
Giancarlo said the
commission’s hedging rules represented the
imposition of "federal regulatory edicts in the place of
business judgement in the everyday commercial risk
The commissioner made
the comments on Thursday in a speech to the CFTC’s
energy and environmental markets advisory committee. The group
was mandated under Dodd-Frank as a forum for the industry, end
users and regulators to discuss regulation effecting the energy
and financial markets.
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.