CFTC chief backs innovation in $1.2 quadrillion derivatives marketCFTC chief backs innovation in $1.2 quadrillion derivatives marketCFTC chief backs innovation in $1.2 quadrillion derivatives market
CFTC Chairman Michael Selig said regulators must give financial innovation room to lead as the global derivatives market enters a new phase of development. Selig rejects restrictive derivatives rules Writing in The Economist, Selig argued that regulators should avoid importing…