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CFTC poised to undergo big changes

Posted on 03 February 2009

From Midasletter.com: For decades the Commodity Futures Trading commission languished as an underfunded regulatory backwater in Washington. But that is set to change after the financial crisis exposed wide fissures in the U.S. regulatory system.

Congress is keen to bestow significantly more authority to regulate commodities and other more exotic instruments, but how this will take shape is emerging as a tug of war in Congress and with the White House….. Full Article: Source


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