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SEC and CFTC Plan Shared Washington Headquarters

Bloomberg Markets •
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Wall Street's top regulators are discussing plans to move into the same building complex in Washington, just steps from the US Capitol, according to people familiar with the matter. The Securities and Exchange Commission and the Commodity Futures Trading Commission would not be merged under the plan, though they would share a complex near Union Station.

Both agencies oversee different markets - the SEC regulates stocks and bonds while the CFTC focuses on derivatives and futures trading. The discussions involve relocating the CFTC into the same complex where the SEC is currently housed. The people asked not to be identified discussing confidential efforts.

The potential move comes as regulators face increasing scrutiny over market oversight and coordination. Sharing office space could facilitate better communication between the two agencies that often regulate overlapping aspects of financial markets. The discussions are still ongoing and no final decision has been made about the relocation.