2011-07-23gata.org

``Republicans in Congress have moved to cut the CFTC's budget, curb its power and request time-consuming analyses for every proposal. Some commissioners are irked by Mr. Gensler's aggressive approach. And crucial parts of the $600 trillion global market for derivatives, which many observers believe played a central role in the financial crisis, remain free of new regulations, partly because the CFTC has missed deadlines.''



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