House Ag lawmakers to discuss swaps, CFTC Feb 10
The House Agriculture Committee will meet next Thursday to discuss rules being developed by the U.S. futures regulator, its first oversight hearing since Republicans took control and promised closer scrutiny of the process. The committee, which historically has had oversight of the CFTC, has signaled it plans to take a close look at the cost of the agency's regulations for businesses.
The CFTC is moving too quickly on rules and in an "irrational sequence," said Frank Lucas, chairman of the committee, and Michael Conaway, who heads a subcommittee charged with risk management issues, last week.
Publication
Date
February 3, 2011
Cross References
Dodd-Frank Act, Title VII