CFTC requests 50% increase in funding for 2013

A begging cup half full of change

The Commodity Futures Trading Commission (CFTC) has requested $308 million in funding for the 2013 financial year in the US federal budget – a 50% increase on the $205.3 million it received for 2012. The agency argues it needs extra funding to meet its Dodd-Frank Act responsibilities for supervision of the over-the-counter derivatives market.

Funding at the agency has almost doubled from a pre-crisis annual budget of $111 million in 2008, but the 2012 uplift was just $3 million.

CFTC

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: