SEC: Merging SEC and CFTC is not a priority at this time

On July 17, according to Jinshi, the U.S. Securities and Exchange Commission stated that merging the SEC and the U.S. Commodity Futures Trading Commission (CFTC) is not a top priority at this time. Earlier news indicated that the Chairman of the US SEC expressed support for the merger of the SEC and the CFTC. [PANews]