Senate Eyes CFTC Chairman Amid MF Global Collapse

Law360, New York (November 28, 2011, 6:44 PM EST) -- U.S. Senator Pat Roberts, R-Kan., on Monday raised questions over U.S. Commodity Futures Trading Commission Chairman Gary Gensler’s involvement in the collapse of MF Global Inc. after the chairman recused himself from the agency’s investigation of the bankrupt broker-dealer.

Gensler had taken three days to recuse himself from the CFTC’s enforcement measures and nine days to file a letter with his ethics officer, in addition to taking several days to respond to information requests about his recusal, according to Sen. Roberts, a ranking member of the...
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