Walt Lukken, president and chief executive officer of the Futures Industry Association, testified before the Senate Agriculture Committee at a July 17 hearing on the reauthorization of the Commodity Futures Trading Commission. In his testimony, Lukken discussed industry efforts to improve customer protections following the failures of MF Global and Peregrine Financial. Lukken also discussed FIA's views on a pending CFTC customer protection proposal and the importance of minimizing complexity in the implementation of Dodd-Frank derivatives reforms.
