CFTC calls for global regulation

Comments (1) | 29 Mar 2011 | Rating | Print by Brad Allen

Commissioner says flash crash could have been a lot worse and calls for regulatory harmonization across international markets

Implementing financial regulatory reform country by country without international harmonization would ‘open the door for regulatory arbitrage or trading migration to the least or most poorly regulated trading environments,’ warns a commissioner at the US Commodity Futures Trading Commission (CFTC).

Bart Chilton, in remarks prepared for delivery at the Goldman ...

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