The US Commodity Futures Trading Commission should push to alter swap execution facility rules by the November 2020 presidential election to capitalize on the pro-market bent of the current Republican majority, Commissioner Brian Quintenz said.
“We just need to be aware of the certainty that exists over the next year-and-a-half to get priorities done that for very legitimate reasons will have philosophical differences among commissioners,” he said in an interview at an industry conference* last week.
“The longer we wait to take on those things, the less stable foundation they have if passed.”
*Boca 2019: 44th International Futures Industry Conference. Futures Industry Association. Boca Raton, Florida. March 14, 2019.
CFTC should try to change SEF regime by 2020 presidential election, Quintenz says
19 March 2019 1:18am