Title VII of the Dodd-Frank Act imbued the Commodity Futures Trading Commission with broad rulemaking responsibilities aimed at regulating the nation’s swaps market. Spurred by aggressive statutory deadlines, the agency was among the first regulators to finalize the bulk of its Dodd-Frank rules and move toward implementation.
The CFTC’s recent policymaking efforts and its implementation travails were the topic of a pair of recent U.S. House subcommittee hearings.