Cftc

Schneiderman: Group Tasked With Probing Mortgage Crisis Needs 'More Resources'

The Huffington Post | Alexander Eichler | Posted 05.25.2012

Read More: Video, Residential Mortgage Backed Securities Working Group, Eric Schneiderman, Mortgage Crisis, Financial Crisis, Sec, Mortgage-Backed Securities, Securities and Exchange Commission, Commodity Futures Trading Commission, New York Attorney General, Financial Regulation, Cftc, Mortgage Task Force, Business News

When it comes to getting to the bottom of the financial crisis, it seems everyone could use a little bit more help. A government task force known a...

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Regulator Seeks Advice On Watering Down Volcker Rule

Reuters | Posted 05.25.2012

Read More: Video, Cftc Volcker Rule, Dodd-Frank, Wall Street, Federal Deposit Insurance Corporation, Jpmorgan, Commodity Futures Trading Commission, Reuters, Volcker Rule, Cftc, Volcker Rule Cftc, Business News

* US CFTC to examine hedging, market-making exemptions * Rule received new scrutiny since JPMorgan trading loss * Sheila...

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The Rat Race to Regulate High Frequency Trading

John Bates | Posted 05.24.2012

Read More: Nanex, High-Frequency Trading, Bovespa Index, Dodd-Frank, Hft, Sec, Algorithmic Trading, Cftc, Flash Crash, Business News

While it is true that HFTs have a vested interest in keeping market abuse to a minimum, it is not yet clear that their liquidity has been healthy enough to withstand the pressure of incoming regulations.

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Wall Street Reform: Taking a Knife to a Gunfight

Sanjay Sanghoee | Posted 05.24.2012

Read More: Congress, Securities and Exchange Commission, Financial Reform, Commodity Futures Trading Commission, Elections 2012, Enron, Wall Street Reform, Jamie Dimon, Volcker Rule, Cftc, Financial Watchdog, JPMorgan Chase, Wall Street, Wall Street Regulation, Barack Obama, Mary Schapiro, Sarbanes-Oxley Act, Sec, Banking Reform, Gary Gensler, Glass-Steagall, Gary Gensler Chairman CFTC, Lobbyists, SEC Chairman Mary Schapiro, Appropriations, Banking Lobby, Banking Industry, Obama 2012, Dodd Frank, Special Interests, Business News

If Congress is truly serious about banking reform, it needs more than just well-intentioned laws: it also needs the right people to enforce those laws, it needs to give those people the resources they require to do their job properly, and it needs to pay them decently.

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Debate Over New Rules Heats Up In Wake Of JPMorgan Loss

AP | MARCY GORDON | Posted 05.22.2012

Read More: Jpmorgan Regulation, JPMorgan Chase, Video, Wall Street, Senate Banking Committee, Jpmorgan, Jamie Dimon, Securities and Exchange Commission, Commodity Futures Trading Commission, Financial Regulation, Ap, Cftc, Business News

WASHINGTON (AP) — Federal regulators and lawmakers are renewing the focus on financial regulation in the wake of a multibillion-dollar trading loss ...

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Regulator To Probe JPMorgan Trading Loss

AP | MARCY GORDON | Posted 05.21.2012

Read More: JPMorgan Chase, Video, Gary Gensler Chairman CFTC, Reuters, Business News, Banks, Jpmorgan-Chase-Trading-Loss, Cftc, Jpmorgan Chase London Whale, Cftc Jpmorgan Chase Trading Loss, Business News

WASHINGTON -- The head of the Commodity Futures Trading Commission says the agency has begun an investigation into JPMorgan Chase's ill-timed bet on c...

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How JPMorgan's Loss Will Affect Four Key Parts Of Financial Reform

AP | DANIEL WAGNER | Posted 05.15.2012

Read More: 2008 Financial Crisis, Congress, CEO Jamie Dimon, Federal Reserve Chairman Paul Volcker, Too Big to Fail, Regulation, Obama Administration, Volcker Rule, Cftc, JPMorgan Chase, Video, Bailout, Securities and Exchange Commission, London Whale, Financial Rules, The Federal Deposit Insurance Corp., Trading Loss, Business News

WASHINGTON — The $2 billion trading loss at JPMorgan Chase has renewed calls for stricter oversight of Wall Street banks. Two years after Congre...

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Richard Sandor: A Legend in Financial Innovation

Michael Martin | Posted 04.24.2012

Read More: Commodities, Greenhouse Gases, Derivatives, Carbon Trading, Chicago, Commodity Futures Trading Commission, Cftc, Carbon Footprint, Water, Water Crisis, Richard Sandor, Business News

Richard Sandor is not a household name but he should be. He is quite frankly one of the most important people in finance today given his 40 years of innovation.

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'Milestone' Case Punishes High Frequency Trading Firm

Reuters | Posted 04.23.2012

Read More: High-Frequency Trading, New York Mercantile Exchange, Video, Optiver, Reuters, Oil Prices, U.S. President Barack Obama, Commodity Futures Trading Commission, Cftc, Newedge in Japan, Business News

U.S. regulators' $14 million settlement with high-frequency trading firm Optiver over oil price manipulation in 2007 is a "milestone" victory in their...

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Yet Another Regulatory Retreat

Mark Gongloff | Posted 04.18.2012

Read More: Sec, Dodd-Frank, Derivatives, Cftc, Derivatives Reform, Swaps, Financial Reform, Derivatives Regulation, Regulation, Credit Default Swaps, Wall Street, Swap Dealer, Swap Dealer Regulation, Business News

Corporate America, with help from the Obama administration, has struck yet another blow against the scary financial regulations it claims will hurt th...

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How to Avoid a Ponzi Scheme

Michael Martin | Posted 04.17.2012

Read More: Ponzi Scheme, Sec, Jon Corzine, Jon Corzine Mf Global, Securities and Exchange Commission, Securities Fraud, Cftc, Video, Business News

Investors who are victims of crime or financial fraud might have an easier time dong background search in trying to avoid Ponzi schemes before making investments than guessing which bank, Future Commission Merchant, or broker goes bankrupt.

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Lessons of MF Global: Stop Starving the Regulators, Especially the CFTC

Leo Hindery, Jr. | Posted 04.17.2012

Read More: Rosa DeLauro, Gary Gensler Chairman CFTC, Peter Welch, Cftc, Leonard Boswell, MF Global, Politics News

Anyone who thinks we've shut the barn door on misdeeds in the financial, commodities and futures markets apparently has never heard of the latest debacle, MF Global. The clarion call that arose out of the 2008 meltdown is still pealing.

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When You Speculate With Financial Derivatives, You Hurt Society

Slate | Eric Posner and Glen Weyl | Posted 04.06.2012

Read More: Derivatives, Speculation, Slate, Financial Derivatives, Derivatives Reform, Derivatives Regulation, Financial Speculation, Credit Default Swaps, Cftc, Financial Regulation, Business News

On Monday, the U.S. Commodity Futures Trading Commission issued an order prohibiting the marketing of a new set of derivatives that would have enabled...

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Major Bank Accused Of 'Trading Scheme Of Massive Proportion'

Reuters | Posted 04.03.2012

Read More: Cftc Rbc Trading Scheme, Video, Rbc Trading Scheme, Reuters, Financial Crime, Business News, Commodity Futures Trading Commission, Royal Bank of Canada, Trading Scheme, Cftc, Business News

* CFTC accuses RBC of "trading scheme of massive proportion" * RBC calls lawsuit "absurd", says CFTC reviewed trades * C...

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LIVE Q&A: Key Federal Regulator Explains Brutal Swings In Gas Prices

Sara Kenigsberg | Posted 04.11.2012

Read More: Gas Prices, High Gas Prices, Gas, Video, Gasoline, Bart Chilton Cftc, Wall Street, Bart Chilton, Oil Prices, Commodity Futures Trading Commission, Gas Prices Bart Childton, Hplive, Cftc, Politics News

Gas prices have been climbing this year, putting the pinch on pocketbooks around the country and prompting a host of campaign promises from politician...

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After MF Global, Regulator Tells Smaller Firm: 'Don't Screw With Customer Funds'

Reuters | Posted 05.13.2012

Read More: U.S. Commodity Futures Trading Commission, New York COMEX Exchange, Customer Funds, JPMorgan Chase, Video, Bankruptcy, Lehman Brothers, MBF Clearing Corp, CME Group Inc, Reuters, Nymex, Cftc, Mark Fisher, Business News

* CFTC says JPMorgan account held unsegregated funds * Tens of millions of dollars commingled--CFTC * MBF says no custom...

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Goldman To Pay Millions To Settle Charges

AP | Posted 03.14.2012

Read More: Business News, Goldman Sachs Cftc Charges, Goldman Sachs, Video, Goldman Sachs Cftc, Commodity Futures Trading Commission, Goldman, Cftc, Business News

WASHINGTON -- Goldman Sachs will pay $7 million to settle federal regulators' civil charges that its futures brokerage business failed to diligently s...

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Republican Financial Regulator Goes Crying To OMB

HuffingtonPost.com | Zach Carter | Posted 03.09.2012

Read More: Conflicts of Interest, Conflict of Interest, Video, Dodd-Frank, Wall Street, Office of Management and Budget, Wall Street Reform, Regulation, Dennis Kelleher, Regulators, Scott O'malia, Commodity Futures Trading Commission, Omb, Cftc, Politics News

WASHINGTON -- In a signal that partisan squabbling in the nation's capital may be reaching new levels of rancor, a key Republican regulator is pursuin...

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Dodd-Frank Rule Vote Delayed Again

HuffingtonPost.com | Marcus Baram | Posted 02.22.2012

Read More: Dodd-Frank Act, Thewatchdog, Video, CFTC Rule, Regulatory Blog, Dodd-Frank Financial Overhaul, Libor, Watchdog Blog, Sec, Cftc, Dodd Frank, Business News

In what is becoming a troubling pattern, financial regulators have yet again delayed a vote on a crucial provision of the Dodd-Frank Act. The Commo...

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Ex-SEC Commissioner On Dodd-Frank: 'This Is Not A Recipe For Strong Regulation'

The Huffington Post | Bonnie Kavoussi | Posted 02.22.2012

Read More: Roberta Karmel Dodd-Frank, Dodd-Frank Act, Video, Dodd-Frank, Financial Reform, Roberta Karmel, Roberta Karmel SEC, Sec, Commodity Futures Trading Commission, Securities and Exchange Commission, Cftc, Financial Regulation, Business News

Dodd-Frank isn't stopping this baby from going under once again. That's according to at least one former commissioner of the Securities and Exchan...

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SIFMA Hypocritically Protests CFTC User Fee Plan

Barbara Roper | Posted 04.23.2012

Read More: Federal Budget, Commodity Futures Trading Commission, Consumer Federation of America, Sifma, Cfa, Cftc, President Obama, Business News

I'm left to wonder, what is the source of SIFMA's sudden cost-consciousness? Because I don't seem to recall ever having heard the association express similar alarm over the costs to investors of the $20 billion or so Wall Street manages to scrape together for bonuses each year.

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Oil Embargoes, Sherlock Holmes, and the Russian Butler

Raymond J. Learsy | Posted 04.21.2012

Read More: Russia Oil, Russia Iran Sanctions, Energy, Russia, Kgb, Prime Minister Vladamir Putin, Cftc, Iran, International Atomic Energy Agency, Oil Embargoes, Nytimes, Strait of Hormuz, Oil Speculation, Business News

The tumult and fabricated anxieties over Iran's oil supply give ample cover to an oil price veering ever higher -- prices explained away by the political tensions at hand. But the question needs to be asked -- what is really driving oil prices?

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MF Global Collapse Triggers Regulator To Consider Changing Rules

Reuters | Posted 04.02.2012

Read More: MF Global Holdings, Mf Global Collapse, Video, MF Global Corzine, Mf Global Probe, MF Global, Reuters, Business News, Mf-Global-Cftc, Mf Global Bankruptcy, Commodity Futures Trading Commission, Cftc, Business News

* CFTC review of oversight in response to MF Global collapse * Some changes may require rule-making, action from Congress ...

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Wall Street Lobbyists Could Severely Weaken Derivative Regulation

The Huffington Post | Alexander Eichler | Posted 01.30.2012

Wall Street lobbyists are trying hard to weaken the extent to which the government can police a practice that played a central role in the 2008 financ...

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CFTC's Message to Municipalities: Caveat Emptor

Barbara Roper | Posted 03.27.2012

Read More: Dodd-Frank Act, Americans for Financial Reform, Sec, Consumer Federation of America, Securities and Exchange Commission, Commodity Futures Trading Commission, Derivatives, Cftc, Swaps, Business News

In a little noticed vote, the Commodity Futures Trading Commission reversed course last week on a rule that had the potential to save cities and school districts across the country billions in excess costs on the swaps they purchase to hedge their interest rate and other risks.

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