Republican members of the Senate agriculture committee criticized Commodity Futures Trading Commission and its chairman, Gary Gensler, for actions leading up to the collapse of MF Global. Sen. Mike Johanns, R-Neb., questioned whether Gensler's recusal from the MF Global investigation was a way to "avoid the heat." Sen. Richard Shelby, R-Ala., is demanding an independent investigation into how MF Global was monitored by regulators.

Full Story:
Reuters, Hill, The

Related Summaries