Prof. Painter Quoted in Bloomberg on Financial Conflicts of Interest of CFTC Commissioner

Professor Richard Painter was quoted in a Bloomberg News article on financial conflicts of interest that arose because a new Commodity Futures Trading Commission (CFTC) commissioner did not, upon taking office, promptly sell his interest in a company that was acquired by a major trader of financial derivative products that are regulated by the CFTC. The commissioner in this scenario, Painter observed, would be required to recuse from a significant number of matters involving financial derivatives.