Wall Street Sues for Pre-Crisis Rules, CFTC’s Chilton Says

By Silla Brush and Steven Sloan

“They want us to write off the 2008 financial crisis as an aberration and ignore countless reputable scholars who’ve found that the costs of opaque, unregulated derivatives markets are borne by the public,” Chilton said in remarks prepared for an event today in Washington held by policy groups including Americans for Financial Reform. “There is more trash talk and more action regarding litigation related to financial regulation than ever before.”