Futures Industry: CFTC, SEC Merger Not Likely

COMPLIANCE TECHNOLOGIES

CHICAGO—Members of the futures industry on Thursday reiterated their desire to remain independent, shooting down the notion that they would benefit from a merger between the U.S. Commodity Futures Trading Commission (CFTC) and the U.S. Securities and Exchange Commission (SEC).

"I would adamantly oppose any merger," says Terrence Duffy, chairman of the Chicago Mercantile Exchange (CME). "The SEC would quickly swallow up the CFTC" and erase "all the good work" that has been done since the enactment

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: