CFTC chair feels his agency should be funded in line with its peer the SEC
Commodity Futures Trading Commission
(CFTC) chair Timothy Massad has slammed US lawmakers for
failing to hike the regulator’s 2016 budget,
warning the move would undermine efforts to enforce Dodd-Frank
In a statement released on Monday, the
regulator said Congress’s failure to increase to
the regulator’s budget had sent "a clear message
that meaningful oversight of the derivatives markets… is
not a priority".
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