Financial Regulatory Forum

CFTC, SEC plan joint hearings on “harmonization”

August 20, 2009

sec2    By Christopher Doering
   WASHINGTON, Aug 20 (Reuters) – The Commodity Futures Trading Commission and the Securities and Exchange Commission will hold hearings next month to iron out opposing regulatory philosophies in order to make it easier to find violators and introduce new financial instruments, the two agencies said on Thursday.

U.S. CFTC amends ICE Futures Europe pact

August 20, 2009

cftc2    WASHINGTON, Aug 20 (Reuters) – The U.S. Commodity Futures Trading Commission said on Thursday it revised its agreement with IntercontinentalExchange Inc’s <ICE.N> ICE Futures Europe.
   The announcement follows below.

U.S. CFTC ends relief on ag position limits for 2 firms, vows consistent enforcement

By Reuters Staff
August 19, 2009


WASHINGTON, Aug 19 (Reuters) – The U.S. Commodity Futures Trading Commission said on Wednesday it was withdrawing no-action letters that provided relief to two firms from federal agricultural speculative positions limits for soybeans, corn and wheat futures contracts.

U.S. CFTC seeks to increase regulation of carbon trading

August 17, 2009

Tom Doggett

WASHINGTON, Aug 17 (Reuters) – The U.S. Commodity Futures Trading Commission proposed on Monday  increasing federal oversight of the Chicago Climate Exchange’s carbon spot contract. (more…)

COLUMN-Commodity trading faces altered landscape: John Kemp

By Reuters Staff
August 5, 2009

– John Kemp is a Reuters columnist. The views expressed are his own –

UK, oil groups to meet on U.S. regulation pressure

By Reuters Staff
August 4, 2009

Fuel tanker in Britain (file) By Christopher Johnson
LONDON, Aug 4 (Reuters) – Britain’s financial watchdog and the UK Treasury will meet oil industry representatives on Wednesday in response to U.S. pressure for more regulation of commodities markets. (more…)

U.S. bill would restrict OTC derivatives holdings

July 30, 2009

USA/ By Charles Abbott and Rachelle Younglai
WASHINGTON, July 30 (Reuters) – U.S. financial regulators would gain the power to restrict holdings of over-the-counter derivatives under legislation to be crafted in the coming months, the chairmen of two House of Representatives committees said on Thursday.

Two US House chairmen back mandatory OTC clearing in derivatives reform goals

By Reuters Staff
July 30, 2009

WASHINGTON, July 29 (Reuters) – Over-the-counter derivatives should go through central clearing and trade on regulated exchanges as much as possible, according to a paper prepared for release by the chairmen of the U.S. House of Representatives Financial Services and Agriculture committees. The paper, obtained by Reuters, is to be unveiled Thursday and is intended as a guide for legislation to be written after Congress returns from its August recess.

U.S. House ‘concept paper’ has mandatory OTC derivatives clearing

By Reuters Staff
July 29, 2009

WASHINGTON, July 29 (Reuters) – The leaders of the two U.S. House committees overseeing U.S. securities and futures markets agree that over-the-counter derivatives should move onto regulated exchanges and go through clearing in most cases, according to a “concept paper” that will guide bill-drafting.

NYMEX sets position limits on some natural gas contracts

By Reuters Staff
July 28, 2009

Traders at New York Mercantile Exchange NEW YORK, July 28 (Reuters) – The New York Mercantile Exchange will impose what it calls “hard expiration position limits” on seven of its natural gas financially settled contracts effective with the October contract expiration.