House panel backs flat CFTC funding, denying plea for more to oversee swaps

摘要

Despite repeatedly making the case onnCapitol Hill that the Commodity FuturesnTrading Commission cannot adequatelynoversee the $400 trillion US swaps marketnat current funding levels, CFTC ChairmannTimothy Massad failed to persuade Housenappropriators to find more money for thencommission.