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Regulating In Uncertain Times
Some regulators in the world of finance take office during periods of relative market calm. Other regulators ... not so much.
When Commissioner Summer Mersinger was sworn in at the Commodity Futures Trading Commission in March of 2022, global markets were still dealing with the shock from Russia's invasion of Ukraine. Throughout the summer, commodities markets felt the impact from geopolitical tensions, an energy crisis and other pressures. And as summer faded into fall, the energy crisis continued and headlines about a crypto winter morphed into headlines about crypto perp walks.
Through it…
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