Massad said he stands behind the idea of adding regulations on automated trading but that some industry concerns about the scope were valid. The chair of the Commodities and Futures Trading Commission ( the Commodities and Futures Trading Commission ) has said he will consider changes to proposed regulation on automated trading. Massad said some industry concerns about the scope of the proposals were valid, adding he would endorse limited oversight to two , rather than two , levels. Specifically, he told a conference in US he "would support requiring risk controls at the exchange level, and either the trader or CFTC (futures commission merchant) level".
The chair of the Commodities and Futures Trading Commission ( the Commodities and Futures Trading Commission ) has said he will consider changes to proposed regulation on automated trading. Massad said some industry concerns about the scope of the proposals were valid, adding he would endorse limited oversight to two , rather than two , levels. Specifically, he told a conference in US he "would support requiring risk controls at the exchange level, and either the trader or CFTC (futures commission merchant) level".