Regulation
Emir futures margin rules create 'regulatory arbitrage'
Clearing house and commodity traders voice concerns about European firms going to US due to Emir CCP standards
Energy Risk USA: Official sheds light on Ferc manipulation sleuths
Ferc is now monitoring markets in near real time for evidence of manipulation, warns enforcement official
Energy Risk USA: O'Malia urges CFTC tech overhaul
CFTC must revamp its technological infrastructure to cope with a flood of swap trade data, says commissioner
Energy Risk USA: Dodd-Frank implementation 'maddening', says O’Malia
CFTC commissioner blasts “adhocracy” of last-minute exemptions to Dodd-Frank rules
Energy firms give mixed response to Dodd-Frank swap reporting delay
Energy firms frustrated and relieved after eleventh-hour change to Dodd-Frank swap reporting deadline
Ferc ruling raises hope of greater regulatory certainty
The US Federal Energy Regulatory Authority has seen its authority sapped by squabbles over turf – most recently, losing a court battle over an attempt to fine Brian Hunter, a former natural gas trader at imploded hedge fund Amaranth Advisors. Could there…
Ferc won’t appeal Hunter ruling, says Wellinghoff
Ferc chairman says agency won’t appeal ruling against it, but will seek to persuade Congress to change the law
Lack of regulatory clarity hampering PRA code of conduct
Price reporting agencies expect to release updated industry code of conduct shortly, but warn regulatory uncertainty could delay their efforts
Energy firms struggle to meet Dodd-Frank reporting deadline
With Dodd-Frank reporting and record-keeping rules set to come into effect on April 10, energy companies worry they won’t be ready in time
Hunter ruling may slow Ferc’s anti-manipulation push
A court decides the US Federal Energy Regulatory Commission overstepped its authority in trying to prosecute manipulation in natural gas futures - a ruling with implications for other cases
EU ETS faces back-loading test
Dismal prices in the European Union Emissions Trading System are causing interest in the world’s largest emissions market to wither away. While the European Commission has come up with a plan to put it on life support, analysts say there is a 50:50…
Q&A: Alberto Pototschnig, Acer
Alberto Pototschnig was appointed as the inaugural director of the Ljubljana-based Agency for the Cooperation of Energy Regulators in 2010. In an exclusive interview, he speaks to Mark Pengelly about market manipulation, financial regulation and the…
Turning points: Jill Sommers, CFTC
As she prepares to leave the US Commodity Futures Trading Commission, Jill Sommers speaks to Alexander Osipovich about the battles over Dodd-Frank and the investigation into MF Global
Energy firms scramble to avoid swap dealer label
Switching to futures and rewriting corporate websites could help reluctant energy companies avoid having to register as swap dealers under Dodd-Frank, reports Alexander Osipovich
Remit definition of insider information “pretty obvious”, says Acer director
Pototschnig dismisses concerns of energy firms over European Regulation on Energy Market Integrity and Transparency
Sommers blasts CFTC's approach to Dodd-Frank
Compliance timetable for new swap rules was too aggressive, says outgoing CFTC commissioner
PRAs push back against potential EU rules on benchmarks
Price reporting agencies among the most vehement critics of potential EU rules on benchmark indexes
'Uneconomic trading' at issue in Barclays power dispute
Barclays seeks to defend itself against power market manipulation allegations by contesting regulator’s pursuit of uneconomic trading
Turning points: Gazprom M&T's Rob Pringle
European energy firms are pooling IT skills in a forum aimed at tackling regulatory challenges. Gazprom Marketing & Trading’s Rob Pringle, a founding member, speaks to Gillian Carr
European energy firms struggle with unclear Remit rules
Remit is ushering in an array of new reporting requirements designed to curb abuse in European energy markets. But firms are struggling to make sense of the requirements. Gillian Carr reports
Ferc cracks down on power market manipulation
The US Federal Energy Regulatory Commission has declared war on power market abuse, targeting allegations of manipulation by firms including Barclays, Constellation Energy and Deutsche Bank. Further investigations are expected to follow as the agency…
Energy Risk Europe: Firms weigh up data management systems for regulation
Sapient Global Markets, Vitol and Gazprom Marketing & Trading discuss how firms can prepare data management systems for regulatory requirements
JP Morgan deserved “a very severe penalty”, says Ferc chairman
Tougher enforcement stance is justified and paying dividends, claims Ferc chairman