US regulator puts Bob Litterman at helm of new climate risk group

Experts including Mindy Lubber, Ben Caldecott and Dave Jones join giants Vanguard, Goldman and JP Morgan

The US Commodity Futures Trading Commission (CFTC), which regulates derivatives markets in the country, has appointed financial risk titan Bob Litterman to chair a new 35-strong Climate-Related Market Risk Subcommittee.

CTFC’s head, Rostin Behnam, describes the initiative as a …

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