Commissioner Chilton Speech on the Balancing Act: Requisite Regulation vs. Regulatory Overreach (with Lofchie Comment)

CFTC Commissioner Bart Chilton gave a speech to the Institute of International Bankers ("IIB") using popular movies to illustrate the benefits of government regulation in industries such as food, energy and pharmaceutical. However, Commissioner Chilton also acknowledged that government regulations are sometimes overbroad and unnecessary. He concluded by discussing how, as in life, regulations require a balance approached. To that end, he asserted the virtues of the Volcker Rule and the Cross-Border Guidance and how both proposals strike the proper balanced approach to regulation.

Lofchie Comment: In a quick scan of Commissioner Chilton's speech, I counted references to 38 movies, including remakes and sequels.

See: "Cinema of Uncertainty."