Ag Committee Chair Tips CFTC As OTC Regulator

22 Apr 2009

The chairman of the House Agriculture Committee said giving the Federal Reserve the authority to regulate the over-the-counter market would be a mistake.

The chairman of the House Agriculture Committee said giving the Federal Reserve the authority to regulate the over-the-counter market would be a mistake. Rep. Collin Peterson (D-Minn.), the committee chairman, said a better choice, as proposed by the committee, would be the Commodity Futures Trading Commission, which has ...

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