CFTC has ‘turned the corner’ on swap data mess, says O’Malia
New CFTC working group will iron out inconsistencies between SDRs and address end-user concerns, commissioner vows
The data on over-the-counter derivatives being collected by the US Commodity Futures Trading Commission (CFTC) is in a sorry state and riddled with inconsistencies that make it difficult for the agency to fulfil its oversight mission, according to commissioner Scott O'Malia. But the commission has belatedly recognised the problem and is taking steps to fix it, he adds.
"I think we've turned the corner," says O'Malia, in an exclusive interview with Energy Risk. In particular, he cites the recent
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