Commodity Futures Trading Commission (CFTC)
CFTC to rework position limits rule
CFTC Chairman confirms regulator will propose new rule on position limits as part of its expanded remit under financial legislation that could be enacted imminently by US President Obama
Overview of US regulatory reforms
US legislators are shoring up a range of sweeping financial regulations to tighten derivatives trading. Pauline McCallion provides an overview to the regulatory changes in the pipeline
GFI's Michael Cosgrove to CFTC’s Scott O’Malia
This month, Michael Cosgrove, managing director, head of energy and commodities, at GFI Group, puts his questions to Scott O’Malia, commissioner at the US Commodity Futures Trading Commission (CFTC)
Uncertainty over CFTC position limits
A new position limits regime for energy trading in the US could have a significant impact on the sector. Pauline McCallion examines the proposals and finds out about the potential implications for energy players
Are the CFTC, SEC and Fed equipped for their new powers?
Despite a last-minute hitch, the final text of ambitious financial regulatory reform legislation was agreed last month, which would hand supervisors sweeping new powers over financial institutions. But are regulators equipped for their new…
Energy companies face up to clearing requirements
Elimination of a catch-all clearing exemption in US financial reform legislation looks like bad news for big energy companies – the industry warns mandatory derivatives clearing will do untold harm. Peter Madigan reports
Dodd-Frank raises stakes in CFTC's push for energy position limits
With the Commodity Futures Trading Commission poised to implement position limits in energy markets, how will a dramatic expansion of the regulator’s power affect those plans? By John Ferry
New US derivatives rules to boost tech firms' energy business
The new US derivatives regulatory regime to raise transparency and reporting requirements for energy traders will present business opportunities for technology companies in the sector
Energy sector awaits regulatory clarity
Energy companies are looking to the Commodity Futures Trading Commission (CFTC) for more clues about the future regulatory landscape after the US Congress set the stage last week for a wide-ranging overhaul of derivatives regulation
Experts examine US power clearing and netting needs
As the US Congress moves to boost derivatives clearing requirements, an industry panel has called for regulators to investigate a move towards clearing and netting across US power markets and to clarify the legal uncertainty in the area
First box-office futures contract approved for trading
CFTC lifts final barrier to film futures hedging, but trade may still be banned soon
Exclusive Kaminski Video: energy risk management challenges
The energy markets still face an unprecedented level of regulatory risk over the next year, as impending changes to the US financial system loom, while at the same time, BP’s Gulf of Mexico oil spill has presented major operational risk factors for the…
Special regulation report from Houston
With the US set to unveil the largest set of financial regulation reforms of the past 30 years, Lianna Brinded reports from Houston, Texas, on how these changes will effect the energy and commodities industry.
Gensler calls for end to financials’ information advantage
CFTC chairman supports trading requirements in both versions of the financial reform bill that would benefit derivatives users rather than Wall Street banks, but calls for tighter exemptions to prevent systemic risk
EXCLUSIVE VIDEO: Shell Energy chief on market challenges
Mark Quartermain, president of Shell Energy North America (US) talks exclusively to Lianna Brinded about major market challenges in oil, gas and carbon markets.
Circuit breakers to stem NYSE trading falls
A 10% move in a stock price would trigger a pause in trading to prevent sudden falls
CFTC commissioner questions Senate ban on support for swaps
CFTC commissioner says Lincoln's proposal to ban federal support for swaps might not fly
Commodity position limits could hurt entire market, experts warn
Proposals by the Commodity Futures Trading Commission (CFTC) - now also proposed in the recently approved Senate Bill on Finanicial Reform - to limit larger energy traders' positions, could drive down liquidity in energy markets across the board, causing…
ETF role in Dow 'flash crash' under scrutiny
The role of ETFs in the US market “flash crash” on 6 May is under scrutiny following a preliminary report suggesting ETFs and index futures were linked to the event.
US regulators call for circuit-breakers but exchange risks remain, says expert
Proposed rule changes from Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (Finra) are a good but incomplete solution to operational risk within exchange infrastructures
Carbon trading to be highly regulated under Senate energy bill
US senators have published a climate change bill establishing a cap-and-trade system for power plants and industrials that permits only exchange-traded and cleared transactions.
Investigations find no evidence of 'fat finger' errors in US trading fall
NYSE, SEC and CFTC claim 'fat finger' error not the cause of last week's stock market plunge.