Exchange consolidation could spark regulatory convergence

In the wake of transatlantic exchange consolidation, mutual recognition of regulators needs to be pushed through according to market experts at London Derivatives Week.  The same panellists also argued that the changes in exchange product offerings, could lead to the combination of Commodities Futures Trading Commission (CFTC) and Securities Exchange Commission (SEC).Recent reports of a change in attitude from SEC, which Robert Rosenfield, deputy director office of international affairs at CFTC, described as “an evolution of SEC”, has led many to...