Full Committee – Public Hearing: Review the 2016 Agenda for the Commodity Futures Trading Commission
Wednesday, Feb 10,
1300 Longworth House Office Building
Full Committee – Public Hearing
RE: To review the 2016 Agenda for the Commodity Futures Trading Commission
Upon announcing the hearing, Agriculture Committee Chairman K. Michael Conaway issued the following statement:
"Over the past couple of years, agriculture, energy, and other commodity producers have faced a collapse in market prices. For many end-users, hedging in derivatives markets is the only way to plan for the future and survive these challenging economic times. Yet, in their hour of need, market participants are contending with regulatory missteps that have upended derivatives markets. Five years into Dodd-Frank, end-users have fewer service providers, face higher costs to access hedging services, and see liquidity fragmented across arbitrary regional lines.
"Next week, I look forward to speaking with Chairman Massad on his plans for 2016 and how the CFTC will bring more order to the markets it regulates and more certainty for the end-users who rely on them."
The Honorable Timothy Massad, Chairman, Commodity Futures Trading Commission, Washington, DC
Chairman Conaway's opening statement
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