July 7, 2010
By Sarah N. Lynch
Broad new powers to regulate the over-the-counter derivatives market aren't the only things the U.S. Commodity Futures Trading Commission managed to win in the financial regulatory bill.
If the bill is passed by the Senate and signed into law later this month, the small agency will win numerous items on its regulatory wish list, such as new powers to fight manipulative trading practices and new rules to curb conflicts of interest within brokerage firms.
A number of these new powers were laid out last year in a joint report by the CFTC and Securities and Exchange Commission on ways to harmonize securities and futures regulations…
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Last Updated: August 5, 2010