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CFTC Chairman Giancarlo `frustrated as can be’ on global derivative trade-reporting standards

By Brian Baker ( May 30, 2019, 21:21 GMT | Insight) -- US Commodity Futures Trading Commission Chairman J. Christopher Giancarlo expressed impatience with global authorities’ development of harmonized post-crisis standards for derivative contract data reported to trade repositories. “I’m as frustrated as can be that 10 years later, more progress hasn’t been made,” he said. “There’s meetings still being held to schedule the next meeting,” and Giancarlo said the authorities should have turned sooner to industry for input.US Commodity Futures Trading Commission Chairman J. Christopher Giancarlo expressed impatience with global authorities’ development of harmonized post-crisis standards for derivative contract data reported to trade repositories....

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