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CFTC reauthorisation focuses on OTC and forex

by Jim Kharouf

Commodity Futures Trading Commission (CFTC)’s acting chairman, Walt Lukken, has stressed he will continue to focus on OTC regulation and closing an OTC forex trading loophole as part of the agency’s reauthorization while reiterating the agency’s need for greater funding from Congress.

Speaking on CFTC reauthorisation before the House Agriculture Subcommittee...

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