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CFTC considers buyouts and extension of hiring freeze

Stuck with a flat budget, the derivatives regulator also asks other government agencies for help with its work

CFTC considers buyouts and extension of hiring freeze

After years of budget pressure and escalating responsibilities, the US derivatives regulator is considering employee buyouts and the extension of a hiring freeze. It also is asking other government agencies for help with some work.

The Commodity Futures Trading Commission’s flat budget comes as the markets under its jurisdiction are growing and changing. Officials say they are worried the commission can’t keep up with developments such as cryptocurrencies and high-speed trading.

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