A hacked tweet on the Associated Press' account roiled the markets. CNBC's Eamon Javers reports the CFTC is taking up the issues of whether social media should be regulated today. Dennis Berman, WSJ, weighs in.
WASHINGTON (Reuters) - A top lawmaker urged regulators to tighten the rules for swaps trading at foreign offices of U.S. banks, stepping into a simmering global conflict over how to supervise the $650 trillion derivatives market. Full story
WASHINGTON (Reuters) - Data vendor Bloomberg L.P. filed a lawsuit on Tuesday against the top derivatives regulator to fight a new rule that would make the trading of swaps more expensive and hurt its business. Full story
Gary Gensler, Chairman of the Commodity Futures Trading Commission, explains what enforcement actions the CFTC has put on the shelf because of cuts.