The Commodity Futures Trading Commission (CFTC) will cease most of its market oversight and surveillance operations, if the federal government shuts down due to a funding dispute among lawmakers, Bloomberg reports. The futures regulator will be required to keep nearly 3.7% of its staff of 675 people to keep a minimum level of oversight and surveillance of markets. The five CFTC commissioners would be exempt. Nearly 332 of the Securities and Exchange Commission’s 4,000 employees will be permitted to keep working for law enforcement or other protection duties.
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