CFTC renews pitch to raise funding level, as appropriators start work on flat spending

摘要

Commodity Futures Trading Commission Chairman Timothy Massadrnwas back on Capitol Hill last week, making the case for increasedrnfunding for the agency, once again detailing the CFTC’s difficultyrnpolicing the markets it oversees without more resources.rnHis testimony came as Senate Appropriations Committee leadersrnwere replaying their part in casting doubts on prospects for boostingrnCFTC spending, which last year was kept level at $250 million. On thernHouse side, the Appropriations subcommittee on agriculture lastrnweek acted on a spending bill that would maintain that level for arnthird year.