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Article: CFTC reviews rules governing OTC, exchange markets.(Commodity Futures Trading Commission, over-the-counter market and commodity exchanges)
- Article from:
- The Bond Buyer
- Article date:
- September 19, 1995
- Author:
CopyrightCOPYRIGHT 1995 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Commodity Futures Trading Commission is reviewing its rules to determine whether changes are needed in its regulation of exchange and over-the-counter derivatives markets, the agency's chairwoman said last week.
"I expect the staff to complete its work this fall and to make its recommendations at that time," Mary Schapiro said last week at the National Grain Trade Council.
"If our internal review causes us to conclude that legislative changes, either modest or far-reaching, are required, we will not hesitate to recommend them," she said.
The CFTC's new study comes as over-the-counter derivatives sources have raised concerns that the agency is ...