President Obama recently nominated senior Treasury official Timothy Massad to replace Gary Gensler as chairman of the CFTC. Better Markets issued a press statement on this nomination, read it here.
Read Better Markets’ recent blog post on underfunding at the CFTC here
In October, Better Markets sent a letter to Representatives Conaway and Scott regarding a de minimis self-funding CFTC user fee.
After Dennis Kelleher testified in front of the Senate Agriculture Committee regarding CFTC reauthorization and funding in July 2013, Better Markets sent a letter to members of the committee outlining why a self-funding user fee is necessary.
Catch up on other recent CFTC news here