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CFTC’s Gensler defends long arm of Dodd-Frank

CFTC chair says "it is critical" that US rules apply overseas, in article for Banque de France stability review

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The cross-border application of US over-the-counter derivatives reforms was defended today in an article written by Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), who argues it is "critical" that the agency's Dodd-Frank Act rules should apply to OTC trading in other countries.

The article appears in the Banque de France's (BdF) new financial stability review, and comes

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