Financial Regulatory Forum

EXCLUSIVE-CFTC has looked into high-frequency trading, wants fair access

By Reuters Staff
October 21, 2009

By Jonathan Spicer
CHICAGO, Oct 21 (Reuters) – The Commodity Futures Trading Commission has looked into the growth of high-frequency trading in U.S. futures markets, Chairman Gary Gensler said in an interview on Wednesday.

U.S. futures regulator: cover more of swaps market in regulation overhaul

By Reuters Staff
October 16, 2009

Gary Gensler, chairman of the Commodity Futures Trading Commission, July 22, 2009. File photo) REUTERS/Yuri Gripas WASHINGTON, Oct 16 (Reuters) – The U.S. futures regulator said on Friday that proposed legislation to reform rules for the over-the-counter derivatives market should cover a larger share of the $450 trillion market.
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U.S. House panel passes derivatives overhaul in big step for Obama

By Reuters Staff
October 16, 2009

By Kevin Drawbaugh and Charles Abbott

WASHINGTON, Oct 15 (Reuters) – The Obama administration scored its first financial regulation reform victory in months on Thursday when a U.S. congressional committee approved new regulations for over-the-counter derivatives.

OTC derivative end-users exempted in draft US bill

By Reuters Staff
October 5, 2009

REGULATION-SUMMIT/

WASHINGTON, Oct 5 (Reuters) – A wide swath of end-users of over-the-counter derivatives contracts would be exempted from new rules requiring centralized clearing under draft legislation circulating in the U.S. Congress on Monday.

Divide grows on setting U.S. energy position limits

By Reuters Staff
September 16, 2009

Traders work in the Crude & Natural Gas Options pit at the New York Mercantile Exchange June 10, 2009.   REUTERS/Shannon Stapleton By Christopher Doering
WASHINGTON, Sept 16 (Reuters) – The top U.S. futures regulator and two main commodity exchanges were conflicted on Wednesday over who should set tougher position limits if the the Commodity Futures Trading Commission proceeds to take action to curb market manipulation.

US, Britain to work on clearinghouse oversight

By Reuters Staff
September 15, 2009

Gary Gensler, chairman of the Commodity Futures Trading Commission, testifies before the House Financial services committee on Capitol Hill in Washington July 2009, REUTERS/Yuri Gripas WASHINGTON, Sept 15 (Reuters) – The U.S. Commodity Futures Trading Commission and the United Kingdom’s Financial Services Authority said they will cooperate on the cross-border oversight of clearinghouses.

Exchanges differ on harmonization of U.S. regulators

By Reuters Staff
September 2, 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   the Obama Administration's financial regulatory reform proposals  on Capitol Hill in Washington July 22, 2009. REUTERS/Yuri Gripas (UNITED STATES POLITICS BUSINESS) By Christopher Doering and Rachelle Younglai
WASHINGTON, Sept 2 (Reuters) – Major exchanges differed on how far U.S. securities and futures regulators should align their rules, with the world’s largest – the Chicago Mercantile Exchange – arguing against a one-size-fits-all rule.
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U.S. CFTC ends relief on ag position limits for 2 firms, vows consistent enforcement

By Reuters Staff
August 19, 2009

USA/

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.

Deutsche Bank stops exchange-traded oil note sale as U.S. mulls regulation

By Reuters Staff
August 18, 2009

By Joshua Schneyer

NEW YORK, Aug 18 (Reuters) – Deutsche Bank said on Tuesday it has stopped issuing an aggressive oil exchange-traded note as the U.S. government looks to increase regulation in commodities markets. Deutsche said it had temporarily halted issuance of PowerShares DB Crude Oil Double Long Exchange Traded Notes, which allow investors exposure to a rise in crude oil futures.