Gary Gensler, chairman of the Commodity Futures Trading Commission, has called on the US Congress to award a higher budget to the regulator to address staffing issues which the newly installed chairman described as “alarming”, with levels at “historic lows”.Speaking on June 2, Gensler, who assumed the chairmanship just six days into the job, said the futures regulator was grateful for its increased budget for the fiscal year 2009, when the CFTC was granted a budget of $146m, but he said staffing levels from the increased budget is still only at levels of 10 years ago. Gensler said those levels of...