CFTC Commissioner Warns Of Derivatives Regs Failure

Scott O’Malia, a member of the U.S. Commodity Futures Trading Commission, warned that derivatives regulations being developed will fail if they are too rigid, reports Bloomberg.

Scott O’Malia, a member of the U.S. Commodity Futures Trading Commission, warned that derivatives regulations being developed will fail if they are so rigid that they “create a market structure that fractures liquidity and creates an incentive to utilize dark pools, simply because our rules do not provide the flexibility necessary to facilitate on- exchange transactions.”

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