Pham Touts Court's `Wake-Up Call' for CFTC Enforcement
Also, former board members pan PCAOB bill; House panel delves into new bank applications
A federal judge has sanctioned the CFTC and thrown out a high-profile case against a foreign exchange trading firm, giving the agency a big black eye. But instead of being sheepish, Acting Chairman Caroline Pham is crowing.
Last night’s dismissal, which came after the unsealing of a report that found the CFTC’s trial team lied to the court, is the culmin…