Financial Services Financial Services

US CFTC governance, culture must be reformed, Commissioner Pham says

By Neil Roland
  • 08 Jul 2024 20:59
  • 08 Jul 2024 20:59
Caroline Pham, a Republican member of the US Commodity Futures Trading Commission, said the agency’s “deficiencies across governance and culture” need to be addressed.
In a redacted public statement, she cited “lack of appropriate action by CFTC management at many levels” on a court “admonishment” for lack of prosecutorial candor

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Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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