Congress, in creating the Commodity Futures Trading Commission (CFTC), “wanted to ensure that one expert regulator’s oversight preempted not only other federal regulators, but also state regulators” in the futures market, CFTC Commissioner Bart Chilton said last Tuesday.
Preempted
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Chilton: CFTC Preempts All Other Regulators in Futures Market
Congress, in creating the Commodity Futures Trading Commission (CFTC), “wanted to ensure that one expert regulator’s oversight preempted not only other federal regulators, but also state regulators” in the futures market, CFTC Commissioner Bart Chilton said Tuesday.
October 18, 2007
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