Two senior officials from the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) described how both agencies are committed to rooting out off-channel communications among registered entities for the long term.
“The off-channel communications issue will be with us for the next 50 years,” Zachary Sturges, senior counsel at the SEC, told attendees during Compliance Week’s Financial Crimes and Regulatory Compliance Summit June 10 at Fordham Law School.
