Derivatives Oversight May Overwhelm CFTC

24 May 2010

The U.S. Commodity Futures Trading Commission may find additional authority to oversee over-the-counter derivatives and futures overwhelming, according to Jill Sommers, one of the CFTC’s five commissioners.

The U.S. Commodity Futures Trading Commission may find additional authority to oversee over-the-counter derivatives and futures overwhelming, according to Jill Sommers, one of the CFTC’s five commissioners. Senior officials at the agency said the additional responsibilities would put a strain on its expertise, organizational structure and technology. Gary ...

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