NEWS
Chilton Seeks Alternatives to Rule
Katie Micik DTN Markets Editor
Wed Mar 20, 2013 07:43 AM CDT

SAN FRANCISCO (DTN) -- CFTC Commissioner Bart Chilton wants to make sure customers are protected if another futures commission merchant fails; but he also wants to address industry concerns about the expense of a CFTC-proposed rule on customer protections.

"My mantra is protecting consumers," he told DTN in an interview on the sidelines of the National Grain and Feed Association annual convention. "I want to figure out a way to do that. If it's excessively expensive and we have to do it to protect consumers, we'll do it. But I think we might be able to find a different way ...

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