CFTC Commissioner Scott O’Malia Discusses its Lawsuit against Peregrine Financial Group, Outlook for Additional Regulation in the Futures Industry

Scott O’Malia, a commissioner on the U.S. Commodity Futures Trading Commission, talks about its lawsuit against Peregrine Financial Group Inc. for an alleged $200 million “shortfall” in client funds, and the outlook for further regulation in the futures industry. O’Malia speaks with Stephanie Ruhle and Erik Schatzker on Bloomberg Television’s “Market Makers.” (Source: Bloomberg)