CFTC’s Chilton: lessons learnt from MF Global
MF Global “new poster child for the need for thoughtful regulation" that must be "proactive, nimble, quick", says CFTC’s Chilton
All too often the government is like the television programme CSI (Crime Scene Investigation), arriving at the scene of a crime to do a post mortem, said Bart Chilton, a commissioner at the US Commodity Futures Trading Commission (CFTC), speaking at an energy trading risk management conference in Houston on November 8, 2011.
The CFTC is currently working to develop new regulations for derivatives trading under the Dodd-Frank Act. Outlining the rule-making process so far and the CFTC’s future
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