Sommers blasts CFTC's approach to Dodd-Frank

clock-background

The US Commodity Futures Trading Commission (CFTC) imposed unnecessary hardships on derivatives market participants by forcing them to comply with complex Dodd-Frank stipulations before they had time to adapt, according to outgoing CFTC commissioner Jill Sommers.

"Everybody is scared to death that if they're not in compliance, then we're going to file an enforcement action," says Sommers, who is planning to leave the commission at the end of March.

In an exclusive interview with Energy Risk

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

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