James Newsome, chairman of the CFTC, said: “We will continue to review our requirements and to consider suggestions for further refinements.”
Meanwhile, the CFTC said it has also announced several initiatives to safeguard the market’s faith in self-regulation. It is calling for all self-regulated organisations (SRO) to re-examine its regulatory procedures. At the same time, it will itself review the system of designated SROs where FCMs are assigned an SRO for examination and appraisal of its practices.
The week on Risk.net, July 7-13, 2018Receive this by email