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CFTC Might Regulate Bloomberg

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Mani
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Commodities Future Trading Commission (CFTC) might regulate the relationship between Bloomberg’s trading business on its terminals and its news operation.

CFTC Might Regulate Bloomberg

CFTC Commissioner Bart Chilton explained during Thursday at CNBC’s Squawk Box program that if trading arm may have an effect on the news arm, CFTC should be able to look at them.

There was this interesting story last week, whereby Bloomberg journalists used privileged access provided by their company to get information from the Bloomberg accounts of certain clients.

Bloomberg journalists were able...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports