This is a clear example of the fox watching over the hen house.
Gary Gensler, CFTC Chairman, hit over ties to MF Global's Jon Corzine - Josh Boak - POLITICO.com: “Prior to the firm’s bankruptcy, it appears that Chairman Gensler had contacts with MF Global and its CEO Jon Corzine concerning the CFTC’s regulation of the firm,” Shelby said. “But when he was called to account for the firm’s bankruptcy and the missing customer funds, Chairman Gensler decided that he needed to recuse himself from matters dealing with MF Global. The victims of MF Global deserve better.”
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