Ferc won’t appeal Hunter ruling, says Wellinghoff
The US Federal Energy Regulatory Commission (Ferc) will not appeal a ruling against it in an attempt to fine Brian Hunter, a former trader at defunct Connecticut-based hedge fund Amaranth Advisors, according to the agency’s Washington, DC-based chairman, Jon Wellinghoff.
The ruling by the US Court of Appeals for the District of Columbia Circuit, which came on March 15, is the latest development in a turf war between Ferc and the US Commodity Futures Trading Commission (CFTC).
In April 2011, Ferc
More on Regulation
Esma sounds out industry for ways to cut reporting burden
Markets watchdog asks consultative groups for ideas to simplify reporting rules
Why EU banks have snubbed revised green finance metric
Banks steer clear of Banking Book Taxonomy Alignment Ratio in droves
Ruled out: can regulators settle the pre-hedging debate?
Market participants are at odds over the practice and whether regulation or principles can settle the score
First green asset ratios come in low as EU banks protest methodology
ABN Amro only bank to break double digits in a sample of 23 lenders
Commodities surge presents UMR test for Asia’s sell side
Increased interest in commodity exotics comes amid scrutiny of margin calculation models
Some see Esma reining in position limits after review
The scope of position limits could shrink to cover just the major benchmarks, one executive argues
Burden of implementing US sanctions now firmly on energy firms
Energy firms must now screen operations of every vessel they deal with, writes maritime data expert
Shipping and energy firms revisit hedging on IMO 2020
Upcoming shipping rules set to impact fuel prices across the energy complex
