O'Malia Outlines How CFTC Can Tackle its Data Difficulties
The US Commodity Futures Trading Commission (CFTC) must improve swaps data quality and develop automated surveillance and risk analytics tools, if it is to tackle ongoing challenges it faces understanding data reported by market participants, according to Scott O'Malia, a commissioner at the regulatory body.
During an event hosted by Swift and the London School of Economics on March 25, O'Malia said that although swaps reporting under the Dodd-Frank Act began more than a year ago, the CFTC has
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