Reg AT withdrawal could delay a Biden agenda for the CFTC

Messing things up — Reg AT’s withdrawal is seen as representing a break from informal rulemaking convention

Sharon Thiruchelvam
11 Sep 2020

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Lawyers and former staff of the Commodity Futures Trading Commission say the recent withdrawal of a long-debated regulation covering algorithmic trading is a “surprising” step, which could delay any plans the agency might have to revive it if Joe Biden is elected president in November.

One former senior staffer at the CFTC says the scrapping of Reg AT, originally proposed under Democrat chairman Timothy Massad in 2012, would prevent a future CFTC chair from proceeding directly and immediately

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