Bowen defends CFTC inclusion of non-US trades

Commissioner says the CFTC will police risk “wherever it occurs”

Sharon Bowen
CFTC commissioner Sharon Bowen

A US regulator has dismissed industry calls to limit the application of its clearing, trading and reporting rules to trades involving US persons.

“We need to follow the market risk wherever it occurs,” said Sharon Bowen, a commissioner at the Commodity Futures Trading Commission (CFTC). “We don’t want to create any regulatory arbitrage so people can decide they would rather trade here rather than there, and we want to make sure there is a level playing field globally."

Bowen, who spoke at a

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

Most read articles loading...

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