Ex-CFTC enforcement head: Dodd-Frank anti-manipulation standard unclear

Capitol Hill in Washington DC

More clarity is needed from the US regulator on standards to identify derivatives market manipulation under the Dodd-Frank Wall Street Reform and Consumer Protection Act, according to Gregory Mocek, former director of enforcement at the Commodity Futures Trading Commission (CFTC) from March 2002 to July 2008.

Mocek, who is now head of law firm Cadwalader, Wickersham & Taft’s energy and commodities enforcement team, was speaking at a Commodity Markets Symposium on derivatives reform in Washington

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