Gensler: CFTC Has Power to Pursue Warehousing Fraud

Gensler: CFTC Has Power to Pursue Warehousing Fraud Play

July 30 (Bloomberg) -- Commodity Futures Trading Commission Chairman Gary Gensler says the agency has "clear authority" to pursue fraud and manipulation in physical and derivative markets. Gensler and Securities and Exchange Commission Chairman Mary Jo White responded to questions from Democratic Senators Sherrod Brown of Ohio and Jeff Merkley of Oregon at a Senate Banking Committee hearing in Washington today. (This is an excerpt. Source: Bloomberg)

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