CFTC’s Massad warns Congress of gaps in market oversight due to funding shortfall

摘要

Commodity Futures Trading Commission Chairman TimothynMassad continued to deliver a stark message last week about hisnagency’s ability to oversee the $400 trillion US swaps marketnat its current funding levels, even as the chairman of a SenatenAppropriations subcommittee raised doubts about fundingnincreases given budget-wide spending caps.