CFTC's Massad: Agency Focused on 'Fine Tuning' Financial Rules

Tim Massad, Chairman of the CFTC, gave his first television interview since taking office to Bloomberg Television’s Peter Cook, discussing the outlook for the agency and financial regulations.

Chairman Massad said the CFTC is not contemplating "wholesale changes" to regulations, rather "we are in a phase where there will be fine-tuning…There are a number of areas where we'll -- where we'll make some tweaks to make sure thing work well."

He suggested the CFTC budget needs to be increased: "I don't think . . .


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