Regulation
CFTC closes ‘London loophole’
The Commodity Futures Trading Commission (CFTC) has moved to impose US position limits and hedge exemption requirements on US customers trading WTI crude oil on London-based ICE Futures Europe.
Prices pose challenge for CFTC
The formation of the CFTC's new energy markets advisory committee (EMAC) has proven to be timely. David Watkins reports
CFTC seeks greater energy market transparency
The US Commodity Futures Trading Commission (CFTC) has launched a series of new initiatives with which it hopes to increase the transparency of the energy futures markets.
CFTC energy markets committee members announced
Members of the Commodity Futures Trading Commission’s new Energy Markets Advisory Committee (EMAC) have been named.
A man with a mission
The future of Russian energy under president-elect Dmitri Medvedev largely depends upon his ability to navigate the country's Byzantine political climate, writes Robert Amsterdam
Traders charged in Nymex Illegal Trading Investigation
Former New York Mercantile Exchange (Nymex) director Steven Karvellas pleaded guilty to defrauding customers following a joint probe by New York prosecutors and the Commodity Futures Trading Commission (CFTC).
Dark markets
New CFTC commodity regulations will close the Enron Loophole withtrading controls of ‘dark market’ trading, reports Daven Voorhies
Proposed CFTC merger meets mixed reaction
The US Department of the Treasury has released a blueprint recommending the largest overhaul of the US financial regulatory structure since the Great Depression in a bid to boost US competitiveness in global markets.
CFTC Establishes New Energy Markets Advisory Committee
The Commodity Futures Trading Commission (CFTC) has set up an advisory committee providing a public forum to examine emerging issues related to the energy markets and the CFTC’s role in these markets under the Commodity Exchange Act.
CME/Nymex defend clearing operations
Exchanges defend vertically integrated clearing in face of increasing scrutiny over merger proposals
US regulator casts doubt over CME/Nymex merger
In a briefing released today, the US Justice Department said that financial futures markets that offer their own clearing services could be anti-competitive, which may prove to be an obstacle to CME Group’s plan to acquire the New York Mercantile…
Less is more
Utilities are leading the chorus for greater energy efficiency in the US. But, as David Watkins discovers, their drive to secure profits while selling less power is proving to be a major regulatory challenge
US Senate halts progress of energy bill
A package of energy measures passed by the House of Representatives Thursday stalled in the Senate Friday because of opposition to two key provisions.
Amaranth Sues JPMorgan for $1billion
The fall out from the collapse of energy hedge fund Amaranth Advisors took another twist after the fund launched legal action against investment bank JPMorgan Chase.
Amaranth denied by court
A New York judge has denied Amaranth Advisors’ request to prevent the Federal Energy Regulatory Commission (Ferc) from pursuing legal action against it while it was being sued by another federal agency.
Mixed reception to oversight efforts
Attempts by the US Senate to grant the CFTC greater market oversight have met with a mixed response, writes David Watkins
BP settles with CFTC
BP has agreed to pay a $303 million fine to the Commodity Futures Trading Commission (CFTC) and Department of Justice (DoJ) over alleged TET propane market manipulation in February 2004.
CFTC pushes for greater oversight
The Commodities Futures Trading Commission (CFTC) has issued a report to Congress recommending that its oversight ability be expanded across electronic trading facilities known as Exempt Commercial Markets (ECMs), which include the electronic…