Obama Proposes User Fees To Bolster CFTC Funding

Law360, New York (February 14, 2011, 8:10 PM EST) -- The Obama administration unveiled plans Monday to fund a massive increase in funding for the nation's top futures regulator in part through the implementation of user fees that would bring it into line with other U.S. market regulatory agencies.

As part of the fiscal year 2012 budget, the administration said it aimed to impose $117 million in user fees to fund the U.S. Commodity Futures Trading Commission's nonenforcement activities.

The $117 million in user fees would be just a fraction of the $308 million funding increase...
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