Commissioner Chilton's Remarks at the Futures Industry Association Customer Protection Roundtable

CFTC Commissioner Chilton delivered remarks addressing the significance of the collapse of MF Global and Peregrine on the futures industry and the importance of increased customer protections with regard to FCMs. He noted that several improvements have already been made, while others are in the process of being implemented. The most important of these prospective improvements is the establishment of an insurance fund for futures customers, which would be similar to those already in place for securities and banking customers.

View speech in full here (links externally to CFTC website).

Tags