Merge SEC and CFTC, says former SEC commissioner

The US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) should be merged into a single entity to consolidate futures and securities regulation in the US, a former SEC commissioner has argued.

During a panel discussion at the Securities Industry and Financial Markets Association market structure conference in New York on May 20, former SEC commissioner Annette Nazareth said regulators are forgoing an opportunity to consolidate supervisory bodies with

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