CFTC: Ice compliance staff under “strain”

The IntercontinentalExchange (Ice) Futures US compliance team has been under “strain” and should hire additional staff, according to a recent Commodity Futures Trading Commission (CFTC) review.

The CFTC report highlighted the reduction in the exchange’s compliance team since 2004, the last time it carried out a similar review. It noted the team’s experience, but said it was affected by several “significant events” during the review period of June 1, 2007 to June 1, 2008. New York-based Ice Futures US is a global soft commodity futures and options exchange.

According to a statement from the CFTC: “These events placed a notable strain on staff’s ability to fulfill important self

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here