House Agriculture Staffer on CMC Policy Call

A senior staff member of the House Agriculture Committee discussed legislation passed in the House earlier this year on derivatives.  He also briefed CMC members on a recent hearing pertaining to the recent MF Global and PFG Best implosions in the futures industry.  Given the political uncertainties with the upcoming elections , and the fact that Congress is busy in campaign mode rather than legislating, the staff member could not offer a prognosis on what lies ahead for Title VII related legislative fixes in 2012.

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