Compliance Will Require New Technologies, Says CFTC
Technological development will be crucial to ensure the efficacy of new regulation, according to Bart Chilton, commissioner of the US Commodity Futures Trading Commission (CFTC), who recently spoke to the Oversight of Derivatives Roundtable at the University of Maryland.
Chilton says he defends the scope of new rules such as the Dodd–Frank Act in the wake of the financial crisis, and highlights the growing use of automation as a future standard for capital markets.
"All of this new trading
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