Tuesday, October 23, 2012

CFTC floats post-PFG, MF Global protections - MarketWatch

CFTC floats post-PFG, MF Global protections - MarketWatch


CFTC chief Gary Gensler told a gathering of bankers and securities managers Tuesday morning that he was pleased the agency voted to propose the rules.
“This proposal is about ensuring customers have confidence that the funds they post as margin or collateral are fully segregated and protected,” he said at the Securities Industry and Financial Markets Association annual meeting in New York. “I look forward to public input on the proposal.”

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