CFTC Weighs High-Speed Trader Registration for Oversight
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The main U.S. derivatives regulator is debating whether requiring a new registration for high-speed traders would give overseers better access to information collected by exchanges including the CME Group Inc.
The Commodity Futures Trading Commission, which regulates futures and swaps markets, is considering whether the additional reporting and record-keeping requirements would improve the agency’s direct surveillance of trades, Vincent McGonagle, director of the CFTC’s market oversight division, told senators today.