With no bipartisan leadership, CFTC won't ‘slow down‘ on rulemaking

Burns Brief

Democratic lawmakers called out Michael Selig for unilaterally advancing policies at the regulator that's normally led by a bipartisan group of five commissioners Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.