Jan. 27 Webcast Archive/Materials
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Like SEC, CFTC establishes new whistleblower office.
It remains unclear what the SEC and CFTC will end up doing to coordinate their regulatory efforts now that both appear safe from being abolished, but one thing is now clear: whatever they do will be “harmonious.”
The Obama administration has reportedly decided to keep the SEC and the CFTC as separate agencies, shelving a plan to combine the two that has been debated for months. CNNMoney reports that combining them could have created a power struggle between their congressional overseers, pitting farm state lawmakers who speak the language of pork bellies [...]
Although there has been considerable speculation about whether the Commodity Futures Trading Commission will be merged with the SEC, the proposed new head of the CFTC, Gary Gensler (pictured), has told lawmakers he isn’t committed to such a merger. Bloomberg reports that Gensler made the comments in a written response to questions from Senator Carl [...]