Enforcement, Rules Top Priorities For CFTC Chief Nominee

Law360, Washington (March 6, 2014, 9:26 PM EST) -- Timothy Massad, nominated to head the Commodities Futures Trading Commission, said Thursday that “robust” enforcement of the markets under its purview would be one of his major priorities if confirmed, alongside finalizing several pending rules such as new position limits on commodities derivatives.

In a hearing before the Senate Agriculture, Nutrition and Forestry Committee, Massad — joined by fellow CFTC nominees Sharon Y. Bowen, a Latham & Watkins LLP corporate partner and acting chairwoman of the Securities Investor Protection Corp., and GFI Group Inc. Executive Vice...
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