‘Over-broad’ CFTC rules hurt end-users, Giancarlo says
Chris Giancarlo, the sole Republican on the US Commodity Futures Trading Commission, says Dodd-Frank rules are failing energy firms, farmers and other hedgers. In an exclusive interview with Alexander Osipovich, he urges a rethink of the agency’s position limits rule and other key pieces of regulation
In October, Chris Giancarlo, a member of the US Commodity Futures Trading Commission (CFTC), left behind his well-appointed office in Washington, DC, to visit rural Indiana and Kentucky. During the trip, he donned a helmet to go deep underground in a coal mine, toured an aluminium smelter and a grain elevator, and chatted with about a dozen family farmers over a hearty lunch of pulled pork sandwiches and apple pie.
Some may see that as an odd trip for Giancarlo, a New Jersey native with more
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