CFTC Sunshine Act meeting clouded by commissioner dissent

By Brad Rosen, J.D.The first open meeting of the CFTC under the chairmanship of J. Christopher Giancarlo, and as attended by Commissioners Brian Quintenz and Rostin Behnam, revealed fissures and discord among Commission members. While three proposed rules were approved by the Commission, Behnam, the sole Democrat on the CFTC, voted against two of the proposals. Behnam also lodged concerns that he was essentially cut out of the loop from providing input in connection with amendments related to the Volcker Rule. He noted, “My message is we’re better than this. I came to this agency ready to roll up my sleeves and work together with the chairman and Commissioner Quintenz to make our rules better.” Benham also voted against the Commission’s proposed rule to keep the swap dealer de minimis exception threshold at $8 billion rather than reducing it to $3 billion as scheduled. He issued a statement of dissent on this score as well. Giancarlo supports keeping the…

Read more detail on Recent Banking and Finance Law posts –

Legal notice about the CFTC Sunshine Act meeting clouded by commissioner dissent rubric : Hukuki Net Legal News is not responsible for the privacy statements or other content from Web sites outside of the Hukuki.net site. Please refer the progenitor link to check the legal entity of this resource hereinabove.

Do you need High Quality Legal documents or forms related to CFTC Sunshine Act meeting clouded by commissioner dissent?

Last search terms:

This entry was posted in Banking and Finance law and tagged , , , , , . Bookmark the permalink.

Leave a Reply