Market Participants Worry that CFTC Can’t Safeguard Data
The US derivatives regulator should let the responsibility for the storage of sensitive data fall on regulated firms, committee hears.
The Commodity Futures Trading Commission (CFTC) should have clear internal guidelines in place to safeguard the sensitive data it collects from the organizations it regulates, said Hunter Landrum, who works in government affairs, litigation and enforcement at Two Sigma Investments, during a public meeting of the CFTC’s Technology Advisory Committee on July 16.
And the CFTC should collect less data in its examinations functions, which will free up its resources and leave the data where it is: in
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