Lawmakers probe Dodd-Frank derivatives reform issues

A market shift from swaps to futures that took place as the Commodity Futures Trading Commission implemented new derivatives rules under the Dodd-Frank Act was “somewhat natural,” CFTC Chairman Gary Gensler told the U.S. Senate Banking Committee on Feb. 14. Read on to learn what else Gensler said about the so-called “futurization” of the swaps market and other issues related to Dodd-Frank’s derivatives provisions.