Statement of Commissioner Rostin Behnam on Treasury Report on Capital Markets
October 6, 2017
Washington, DC —Commodity Futures Trading Commission (CFTC) Commissioner Rostin Behnam released the following statement on the Treasury Department’s second report on the Administration’s core principles of financial regulation:
Unregulated, over the counter derivatives played a significant role in the financial crisis. Thoughtful derivatives market reform was a critical first step to ensure that American businesses and workers never experience the losses suffered since 2008.
I look forward to reviewing the Treasury Department’s Capital Markets Report, and working with Chairman Giancarlo and Commissioner Quintenz to consider carefully targeted regulatory adjustments that will support market participants, end-users, and customers by prioritizing safe, transparent derivatives markets.
Last Updated: October 6, 2017