CFTC Lease Issue To Get Congressional Hearing Amid Security Concerns

The Commodity Futures Trading Commission (CFTC) could be explaining an accounting error to the Senate Agriculture Committee, which is leading an investigation into the oversight, according to a Reuters report. In part behind the issue, according to multiple regulatory sources who spoke to ValueWalk, is office space leased in expectation that the regulator would be tasked with supervising previously unregulated bank derivatives. The CFTC is the primary government derivatives regulator, and the move to expand the office space came as exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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