Dodd-Frank deadlines must be met: Gensler

摘要

Commodity Futures Trading Commission Chairman Gary Gensler said Thursday that his agency must meet the deadlines to set up a new over-the-counter derivatives regulatory regime to prevent market uncertainty - but that the transition time for compliance may be extended. According to prepared remarks at an Institute of International Bankers event in New York, Gensler said the CFTC has been asked if it is “moving too quickly” to meet the deadlines under the Dodd-Frank Wall Street Reform and Consumer Protection Act.