Commodity Futures Trading Commission (CFTC)
Energy firms fight for right to hedge at portfolio level
CFTC position limits rule could limit the ability of energy firms to hedge, unless they aggregate commodity derivatives positions held across disparate business units
GDF Suez faces CFTC market manipulation probe
GDF Suez's bidding activities in the Texas power market have drawn the attention of the US Commodity Futures Trading Commission, sources say
Energy firms use high-tech tools to avert manipulation fines
As regulators tighten their scrutiny of commodities trading and impose costly penalties for market manipulation, energy firms are stepping up investment in trade surveillance. But properly implementing trade surveillance systems in commodity markets is…
CFTC position limits rule blasted by commodity merchants
Vitol, Louis Dreyfus and other commodity trading firms say the proposed bona fide hedge exemptions in the CFTC's revived position limits rule are too narrow and discriminate against merchants
Dodd-Frank swap dealer rules tricky, says Cargill compliance head
A lack of guidance on the swap dealer provisions of the US Dodd-Frank Act is turning compliance into a guessing game for swap dealers such as Cargill Risk Management, suggests the firm's chief compliance officer in a video interview
Research House of the Year: Marex Spectron
The increasing prevalence of financial trading in commodities means there is a need for innovative technical analytics, which broker Marex Spectron has done well at providing
CFTC eases Dodd-Frank burden on energy companies
In the wake of industry criticism, the US Commodity Futures Trading Commission is taking steps to relax position limits and accommodate the concerns of public utilities in its implementation of the Dodd-Frank Act
CFTC accord bolsters Ferc drive to catch manipulation
Memorandum of Understanding with US Commodity Futures Trading Commission on information sharing has been "extremely useful" for energy regulator, says Federal Energy Regulatory Commission's deputy director of surveillance
Cargill reveals 'struggle' with Dodd-Frank swap dealer rules
Non-financial firms face huge hurdles to comply with Dodd-Frank swap dealer rules, says chief compliance officer for Cargill Risk Management
Energy traders seek flexibility in CFTC position limits
Bona fide hedging definition and complexity of position limits worry panellists speaking at Energy Risk Summit USA
CFTC upping enforcement effort, warns former chief
David Meister, former director of enforcement at the US Commodity Futures Trading Commission, speaks exclusively to Alexander Osipovich about market manipulation, high-frequency trading and the value of Dodd-Frank reporting rules for financial watchdogs
Energy firms beg CFTC for clarity on commodity options
Utilities, oil producers and trading firms are urging the CFTC to issue clarification on contracts with embedded volumetric optionality
CFTC no-action letter could end public utilities' hedging woes
CFTC exempts ‘utility operations-related swaps’ from contributing towards $25 million special entity threshold under Dodd-Frank
Isda and Sifma blast CFTC position limits rule
Industry groups sceptical of justification for new position limits rule, after suing to block previous version
CFTC has ‘turned the corner’ on swap data mess, says O’Malia
New CFTC working group will iron out inconsistencies between SDRs and address end-user concerns, commissioner vows
US energy firms facing Dodd-Frank trade reporting ‘nightmare’
Differing approaches of swap data repositories haunt energy companies trying to reconcile trades
Commodity position limits may make hedgers think twice
Dodd-Frank and Mifid II position limits could cause firms to withdraw from commodity derivatives
CFTC-Ferc deal leaves enforcement question unanswered
Agreements reached under US Dodd-Frank Act fail to address critical issue of enforcement
CFTC chair nominated as Chilton exits
Goldman's Shenouda and O'Hagan retire; BNP Paribas takes Flax; ABN Amro appoints global head of energy; Hederman joins DoE; JP Morgan lures origination head
Study casts doubt on mandatory futures insurance
Mandatory insurance for assets held by futures brokers would be extremely costly, concludes industry-backed report
Revived Dodd-Frank position limits worry energy firms
The US Commodity Futures Trading Commission is gearing up for another big fight over position limits, after its original rule was rejected by a federal court. The agency’s latest proposal, released in November, gives market participants little reason for…
CFTC proposes 'unassailable' position limits rule
CFTC puts forward another Dodd-Frank position limits rule, generating concerns among commodity derivatives end-users
CFTC backs down on FCM residual interest rule
CFTC softens post-MF Global reforms to rules on segregated customer funds held by futures brokers
BAML hires former Barclays oil head
ABN Amro undergoes shake-up; Marex Spectron sets up iron ore desks; Skylar adds power and gas trader; Barclays hires in commodities; CFTC appoints acting enforcement chief