Statement Of CFTC Commissioner Christy Goldsmith Romero: Proposal For A Heightened Enforcement Accountability And Transparency (HEAT) Test To Require More Defendants To Admit To Wrongdoing In Settlements
<p><span>I have deep concerns about continuing the Commodity Futures Trading Commission&rsquo;s (CFTC) longstanding and routine practice of not seeking admissions of wrongdoing when settling the overwhelming majority of enforcement cases, which has resulted in routine civil settlements in which the defendant &ldquo;neither admits nor denies&rdquo; wrongdoing.</span><span>&nbsp; For this reason, I recently voted to concur in (and not simply to support) sett...
United States Gurbir Grewal Commodity Futures Trading Commission Exchange Commission Assets Relief Program Council Of Institutional Investors Fall Conference
Source: mondovisione.com