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CFTC’s Chilton gives Congress four ways to stiffen OTC rules


Bart Chilton, commissioner at the US Commodity Futures Trading Commission, has called on Congress to tighten regulatory oversight of over-the-counter derivatives.

Speaking at a carbon trading conference in New York, Chilton outlined four policies that he would like the US Congress to pass, to move the derivatives market “out of this mess”.

He called for legislation requiring...

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