CFTC’s Giancarlo plans to 'move forward' on SEF rule despite Democratic dissent

15 November 2018 7:19am
Christopher Giancarlo, head of the US Commodity Futures Trading Commission, said he plans to push ahead with rule changes on derivative trading platforms despite a partisan split among commissioners.

“I will work with all my commissioners, Republican or Democrat, as much as I can, but I also intend to move forward,” he said in a recent interview with MLex. “That’s the way Congress designed it.”

Giancarlo, a Republican appointed by President Donald Trump who has typically welcomed a range of views, said he plans to take the same aggressive approach on all policies on which there is significant internal dissent.