Acting Chairman Mark Wetjen today made the following statement on the Commodity Futures Trading Commission’s (CFTC) budget in the omnibus appropriations bill:
“I am pleased that the House and Senate have agreed to an appropriations bill that includes $215 million for the CFTC,” Wetjen said. “This increase means the CFTC will be better equipped to fulfill our mission – ensuring the derivatives markets work for market participants and the public. This funding level is a step in the right direction, and we will continue working with Congress to secure resources that match our new responsibilities to provide oversight for the vast derivatives markets.”