CFTC pushes on with regulatory sweep

Speaking at a public hearing to determine whether a number of unregulated energy contracts play a significant price-discovery role in energy markets, CFTC chair Gary Gensler said: “It is essential that Congress builds upon this important work by enacting broad reform to cover the entire unregulated marketplace.”

Gensler added that he supported legislation from the Senate Agriculture Committee and Banking Committee to regulate all over-the-counter derivatives that were blocked from a floor debate

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