Republican members of the Senate agriculture committee criticized the Commodity Futures Trading Commission and its chairman, Gary Gensler, for actions leading up to the collapse of MF Global. Sen. Mike Johanns, R-Neb., questioned whether Gensler's recusal from the MF Global investigation was a way to "avoid the heat." Sen. Richard Shelby, R-Ala., is demanding an independent investigation into how MF Global was monitored by regulators.

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