Statement of Chairman Giancarlo on Treasury Report on Capital Markets

October 6, 2017

Washington, DC —Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo released the following statement on the Treasury Department’s second report on the Administration’s core principles of financial regulation:

"I would like to commend the Treasury Department for a thoughtful, substantive, and comprehensive report on our U.S. capital markets,” said Giancarlo. “Our team at the CFTC was actively engaged with Treasury in the preparation of this report, and we are pleased to see our perspective incorporated in the final product. Futures products and other derivatives are essential tools of risk management that used effectively allow companies to grow and create jobs, produce goods and services for the economy, and provide stable prices for American consumers. I believe that, if implemented, the recommendations provided within this report will help foster financially sound markets in a way that encourages broad-based economic growth and American prosperity and respects the American taxpayer.”

Last Updated: October 6, 2017