Financial Regulatory Forum

US CFTC reopens comments on ICE electric contracts

November 16, 2009

WASHINGTON, Nov 16 (Reuters) – The U.S. futures regulator said on Monday it will allow an additional 15-day comment period on whether 11 electricity contracts on the IntercontinentalExchange should be regulated as significant price discovery contracts.

Divide grows on setting U.S. energy position limits

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.

EU joins U.S. call for more oil market transparency

September 16, 2009

By Jan Strupczewski and Pete Harrison
BRUSSELS, Sept 16 (Reuters) – The European Union has joined the United States in calling for action to improve transparency in oil markets, a draft EU document shows. (more…)

Banks to submit 95 pct of eligible CDS for clearing

September 2, 2009

ice   By Karen Brettell
   NEW YORK, Sept 1 (Reuters) – Large derivatives dealers will agree to submit 95 percent of eligible credit derivative trades to central clearinghouses beginning in October, according to a person familiar with a letter they will send the New York Federal Reserve Bank on Tuesday night or on Wednesday.