How Recent Executive Orders May Affect SEC And CFTC
Law360, New York (May 1, 2017, 2:34 PM EDT) -- Since his inauguration, President Donald Trump has taken aggressive action in directing federal agencies to take steps to scale back regulations. Taken collectively, these executive directives clearly evidence a sweeping deregulatory agenda. This article examines specific executive orders that relate to the financial services industry and how those orders may affect the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission.
Article II, Section 1 of the U.S. Constitution provides that "[t]he executive Power shall be vested in a President of the United States of America." In Section 3, the Constitution directs that the president "shall take...
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