What Do Katy Perry and Eminem Have in Common?

Answer: both were quoted in the keynote speech last week by U.S. Commodity Futures Trading Commission (CFTC) commissioner Scott O’Malia, at the 13th Annual Energy and Commodities Conference in Houston. Referencing pop culture in a speech on derivatives is a little unorthodox. But what O’Malia was describing to conference attendees was even more so. The commissioner was discussing the CFTC’s implementation of the Dodd-Frank Act. Otherwise known as the financial reform rules in the U.S. A major thrust of Dodd-Frank has been the regulation of derivatives. Options, futures, swaps and other such instruments that are seen as being a large and … . . . → Full Story: What Do Katy Perry and Eminem Have in Common?