Summary
WASHINGTON (Reuters) - The head of the U.S. futures regulator said starving the agency of financial resources and delaying implementation of new regulatory reform measures would leave the American public unprotected and disrupt the marketplace.
Gary Gensler, the chairman of the U.S. Commodity Futures Trading Commission, warned a plan by Republican lawmakers to delay implementing the Dodd-Frank law enacted last year would "increase risk to the American people and leave significantuncertainty in the marketplace."See the full content of this document
Extract
Gensler: Funding Cut, Dodd-Frank Delay Hurt Public
The first comprehensive U.S. regulation of the swaps market is on track to be implement...
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