CFTC Commissioner Giancarlo: Undo Swaps Categorization, Futurization

Giancarlo stresses improvements need to be made to CFTC regulations

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J. Christopher Giancarlo, CFTC commissioner, stresses the importance of reforms in the swaps market

Less than nine months after being sworn in as a commissioner of the Commodity Futures Trading Commission (CFTC), Giancarlo already has big plans for the swaps market, releasing a white paper entitled "Pro-Reform Reconsideration of the CFTC Swaps Trading Rules: Return to Dodd-Frank" that critically assesses the CFTC's current swaps trading rules on almost every front.

The paper assails the CFTC's current swaps trading rules, pointing out the flaws in the current regulations and the impact it's ha

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