Why I'm voting for Volcker Rule: CFTC's Chilton

Paul Volcker Interview Pic

The Volcker Rule could have unforeseen consequences, but it's needed to protect consumers and the economy from banks making "wild flyer bets that are just for the house," outgoing CFTC Commissioner Bart Chilton told CNBC before casting his vote.

Citigroup in fraud claim

Man And Screen In The Dark

A Texas man accused of defrauding a bank of $42.4m fraud while trading ethanol futures contracts in 2010-2011 worked for Citigroup at the time, a Citi spokesman said on Monday.