CFTC’s Quintenz calls for ‘reset’ on Reg AT

New commissioner says rules on automated trading should address specific risks

automation-robot
Automated trading: regulators need to clearly identify the specific risks posed to the market

Brian Quintenz wants to hit the reset button on the Commodity Futures Trading Commission’s efforts to regulate automated trading.

In his first public remarks since being sworn in as a CFTC commissioner on August 15, Quintenz described the agency’s most recent proposal to regulate automated trading (Reg AT) as “poorly crafted and flawed public policy”.

Regulators need to clearly identify the specific risks posed by automated trading to the market before seeking to apply new rules, he said.

“I

To continue reading...

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 indvidual account here: