O'Malia resigns from CFTC

O'Malia resigns from CFTC

O'Malia spoke out about his concerns with CFTC regulations and negative impact on liquidity in market.

JUST when the Commodity Futures Trading Commission (CFTC) finally had a complete five members, Republican commissioner Scott O'Malia announced his resignation July 21.

Two days later, it was announced that O'Malia would be the new chief executive officer of the International Swaps & Derivatives Assn. (ISDA).

Of the five-member commission, three seats were confirmed by the Senate earlier this summer. The board consists of

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