CFTC chairman once more zeroes in on SRO status

Commodity Futures Trading Commission (CFTC) chairman Reuben Jeffrey last week reasserted the agency's focus on the system of self-regulation for exchanges, highlighting concerns that their status as self-regulatory organisations (SROs) could be affected by the move to for-profit and publicly listed structures.

He insisted, "One of my main priorities as chairman? is to complete our on-going work to reassess the state of self-regulation in the futures industry."

The commission recently issued...