CFTC upping enforcement effort, warns former chief
David Meister, former director of enforcement at the US Commodity Futures Trading Commission, speaks exclusively to Alexander Osipovich about market manipulation, high-frequency trading and the value of Dodd-Frank reporting rules for financial watchdogs
David Meister developed a fearsome reputation among Wall Street banks during his three years at the US Commodity Futures Trading Commission (CFTC). As head of the CFTC's division of enforcement from November 2010 to October 2013, Meister spearheaded a number of high-profile enforcement actions. Among other things, he collected nearly $1.8 billion in penalties from five global financial institutions over their alleged manipulation of Libor, and sued powerful targets such as Jon Corzine, the
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