Giancarlo pivots to agricultural derivatives, repeats line on regulation
Acting chairman of the US Commodity Futures Trading Commission (CFTC) Christopher Giancarlo has again emphasised his belief that derivatives markets require less regulation to work efficiently, during remarks to the Montana Ag Summit.
The speech unsurprisingly concentrated on agricultural derivatives and the CFTC's role in their regulation. But the acting chairman also gave further insight into his views on broader markets.
“The overly prescriptive regulation of American derivatives markets is part and parcel of the over-regulation of the US economy.
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