Political Quotes

On the recordFebruary 14, 2011
if the rulemaking, particularly of the CFTC, were to be implemented in its current form it could literally spell the end of the U.S.-based derivatives market.
Said by
Spencer Bachus
Alabama

Editor's note · Context

Bachus warns that current CFTC rulemaking could destroy the U.S. derivatives market.

Share

More from Spencer Bachus

Jul 16, 2014

Those left on the short end can often be the people who have the greatest difficulty in getting any credit at all.

congress.gov
Jun 17, 2014

But removing all that information you promise us that you don't want, you don't need, you are not going to share, why even receive that information?

congress.gov
Jul 10, 2014

Many times, Congress didn't intend.

congress.gov
Jul 16, 2014

The intent of Operation Choke Point may have carried a purpose that we would all agree with, and that is to prevent financial fraud.

congress.gov

Other voices in this conversation