The House Agriculture Committee began a series of hearings in advance of writing legislation to reauthorize the Commodity Futures Trading Commission (CFTC). The agency's statutory authorization expires at the end of the fiscal year.
Chairman Lucas Giving Opening Statement at Derivatives Reform: The View From Main Street Hearing
July 21, 2011 - Chairman Lucas delivers opening remarks during the full Committee hearing to review the impact of derivatives reform on end users and smaller financial institutions. This hearing comes at a pivotal point in the implementation of Title VII of the Dodd-Frank Act as the Commodity Futures Trading Commission (CFTC) moves from proposing rules to finalizing regulations.