Massad stresses process and co-operation to senators

CFTC chairman nominee vows to follow APA

CFTC chairman nominee, Timothy Massad

The presumptive chairman of the Commodity Futures Trading Commission (CFTC) used his confirmation hearing to subtly distance himself from the legacy of his predecessor yesterday, testifying to senators that he is in favour of “strong financial reform” while also stressing the importance of process and the need to make the rules work internationally.

Appearing before the Senate Agriculture Committee in Washington, CFTC chairman nominee Timothy Massad assured lawmakers that the interests and prote

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