CFTC commissioner wants say over bank capital rules
Inability to influence SLR is “incredibly frustrating”, says Quintenz
The Commodity Futures Trading Commission’s Brian Quintenz has vented his frustration at the regulator being shut out of capital standard-setting decisions that affect futures commission merchants.
The new CFTC commissioner said the agency should have a bigger role in shaping bank capital rules such as the supplementary leverage ratio (SLR) that directly impact the derivatives markets. “The fact it so negatively impacts our regulatory space and we don’t have jurisdiction over it is incredibly
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