CFTC's O'Malia Says Tech Training Wheels Are Off

Scott O'Malia
A CFTC commissioner since 2009, O'Malia says the CFTC should learn from the regulated as it maximizes return on tech investment.

Among the many memorable tropes from The Wire is one introduced as the final, fifth season begins: "We simply have to do more with less.”

Commodity Futures Trading Commission (CFTC) commissioner Scott O'Malia articulated a similar thought as he addressed the role of technology at the US futures regulator in front of a TabbForum audience this week. Constrained by lean budgeting, the CFTC, he suggests, must learn to smartly "pick its battles" as it negotiates technology spend, even as the impetus

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