Why I'm voting for Volcker Rule: CFTC's Chilton

Paul Volcker Interview Pic

The Volcker Rule could have unforeseen consequences, but it's needed to protect consumers and the economy from banks making "wild flyer bets that are just for the house," outgoing CFTC Commissioner Bart Chilton told CNBC before casting his vote.

Citigroup in fraud claim

Man And Screen In The Dark

A Texas man accused of defrauding a bank of $42.4m fraud while trading ethanol futures contracts in 2010-2011 worked for Citigroup at the time, a Citi spokesman said on Monday.

We'll Probably Regulate Bloomberg: CFTC's Chilton

Goldman Sachs Blink

CFTC Commissioner Bart Chilton told CNBC he believes his agency will be able to regulate the relationship between Bloomberg's trading business on its terminals and its news operation under a new rule up for consideration at the agency.

Cantor Fitzgerald Sanctioned for Allowing Customer Funds to Become Under-Segregated


The U.S. Commodity Futures Trading Commission (CFTC) has announced the filing and simultaneous settlement of charges against Cantor Fitzgerald & Co for failing to maintain sufficient funds in its customer segregation account for a period of three days, for failing to provide the CFTC timely notice of its under-segregation, as required, and for related supervisory failures.