CFTC pushes for SSF oversight

Commodity Futures Trading Commission (CFTC) is pushing to end joint regulation of single stock futures, despite having just signed a memorandum of understanding (MOU) with Securities and Exchange Commission (SEC) for greater cooperation on the products.

CFTC Chairman James Newsome told reporters in Boca Raton that the joint regulatory structure does not appear to be working well and Congress may have to clarify...