CFTC could take independent approach to Volcker rule

10/9/2011 | Reuters

Gary Gensler, chairman of the Commodity Futures Trading Commission, is considering breaking with other regulators in the agency's approach to the Volcker rule, CFTC member Scott O'Malia said. "He said we might, if it's the will of the commission, put forward ... a virtually identical proposal with the other regulators, or we could go it alone," O'Malia said. "He's not committing either way."

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