Opinions vary on CFTC insider trading role:Area may be part of cooperative effort with US SEC

摘要

Washington-Panelists at a regulatory hearing in Washington diverged September 3 on whether the US Commodity Futures Trading Commission needs to toughen its stance on insider trading.Speaking at a hearing on jurisdictional overlap between the CFTC and the Securities and Exchange Commission, Kenneth Raisler, a partner with Sullivan Cromwell, said a 1982 report by the CFTC indicated that the legal requirements to determine insider trading in securities "are of limited applicability, if any, to the futures market."