Commodity Futures Trading Commission (CFTC)’s Bart Chilton has taken the uncommon step of publically criticising his committee’s UK counterpart in a speech on April 21, which has been met with a number of subsequent and disapproving comments regarding his candidness.
In a notice placed on CFTC’s website the CFTC commissioner said of the UK’s Financial services Authority (FSA) that he was “generally concerned about a lack of transparency and the need for greater oversight and enforcement of...