Q&A: CFTC’s Massad on cross-border conflicts

Regulator seeks to avoid repeat of CCP stand-off for trading rules

Timothy Massad, CFTC

By all accounts, Timothy Massad is fond of beer and French cuisine (Risk March 2014). The chairman of the Commodity Futures Trading Commission (CFTC) must then have enjoyed his recent trip to Brussels, which overflows with fine restaurants and some of the world's best lagers and ales. Sadly, his croquettes came with a side-order of cross-border conflict.

Massad travelled to Brussels in early May with hopes of brokering a deal on the authorisation of US clearing houses by European authorities. He

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