Thursday, July 29, 2010

CFTC Commissioner Bart Chilton on financial regulation

http://www.washingtonpost.com/wp-dyn/content/video/2010/07/29/VI2010072902523.html

In this interview, he sounds serious in implementing regulation of the derivatives markets. What's also encouraging is his enthusiasm for eliminating fraud and manipulation in the commodities exchanges, including removal of exemptions from position limits for speculators. Hopefully, this will level the playing field and promote efficient markets and price discovery.

No comments:

Post a Comment