Massad: cost-benefit bill makes CFTC rulemaking 'very difficult'

Departing chairman says the CFTC already does “a good job” of analysing costs

Timothy Massad officially stepped down as CFTC chairman on January 20

Outgoing Commodity Futures Trading Commission (CFTC) chairman Timothy Massad has delivered a parting shot at congressional Republicans, who last week voted to pass a bill that requires the agency to conduct extensive cost-benefit analysis – which would be subject to mandatory judicial review – before adopting new rules.

Speaking with earlier this week, Massad warned the bill would make it "very difficult" for the agency to pass new rules.

"It just makes things very difficult. We

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a 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: