Well-drilled: CFTC’s top cop Miller sticks to his guns
Quick to place perceived overreach in the past, agency’s enforcement director leans into the law and his script
The Commodity Futures Trading Commission has a new sheriff in town – and he’s rewriting the rulebook.
In conversation with Risk.net, the CFTC’s new director of enforcement, David Miller, repeatedly signposts an end to “the era of regulation by enforcement”.
“The age of trying to exact a tax on an industry through various types of regulatory action is done,” he emphasises.
And while critics call the
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