Financial Regulatory Forum

SEC, CFTC to release harmonization report on Oct 15

By Reuters Staff
September 30, 2009

Gary Gensler (R), chairman of the Commodity Futures Trading Commission, and Mary Schapiro, chairman of the Securities and Exchange Commission, testify before the House Financial services committee during a hearing on Capitol Hill in Washington July 22, 2009 (file photo). REUTERS/Yuri Gripas (UNITED STATES POLITICS BUSINESS) By Christopher Doering
WASHINGTON, Sept 30 (Reuters) – The two main U.S.
regulators policing the securities and futures markets said on
Wednesday they will issue on Oct. 15 a report outlining where
their regulatory frameworks differ and ways to bridge those
gaps.

INTERVIEW – CME proposes energy position limits

By Reuters Staff
September 16, 2009

Craig Donohue, the chief executive of CME Group, speaks during The Globalization of Capitol Markets: The Rise of New Financial Centers panel at the 2008 Milken Institute Global Conference in Beverly Hills, California April 28, 2008. REUTERS/Phil McCarten (UNITED STATES) NEW YORK, Sept 16 (Reuters) – CME Group, the giant Chicago-based operator of derivatives exchanges, would impose new position limits on NYMEX energy contracts in response to a push by U.S. regulators for renewed scrutiny in energy trading, CEO Craig Donohue said in an interview Wednesday.
CME would apply the limits, laid out in a CME White Paper released Wednesday, as long as regulators agree to enforce limits in venues where commodities are traded around the world, and extend them to include over-the-counter commodities swap contracts as well, Donohue said.

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 –

U.S. CFTC supports some limit exemptions – Gensler

By Reuters Staff
July 29, 2009

CFTC Chairman Gary Gensler (file photo)By Ayesha Rascoe and Christopher Doering
WASHINGTON, July 29 (Reuters) – Commodity Futures Trading Commission Chairman Gary Gensler said Wednesday he supports exemptions from tough new investor limits for bona fide hedgers but he is concerned about allowances for those managing financial risk.