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Commodity Futures Trading Commission

JPMorgan May Be Fined Over Lehman Demise

Reuters | Posted 06.03.2012 | Business

April 4 (Reuters) - A U.S. regulator is set to penalize JPMorgan for actions linked to the demise of investment bank Lehman Brothers at the height o...

Major Bank Accused Of 'Trading Scheme Of Massive Proportion'

Reuters | Posted 06.02.2012 | Business

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

Obama's 'All-Of-The Above' Energy Policy Leaves Much Off The Table

Raymond J. Learsy | Posted 05.25.2012 | Business
Raymond J. Learsy

What should have been said by our president is that this government is moving heaven and earth to convert our transportation fleet from gasoline and diesel to being powered by compressed natural gas.

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

Sara Kenigsberg | Posted 04.11.2012 | Politics

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

Why Regulators Say They're 'Paralyzed'

Reuters | Posted 05.08.2012 | Business

By Christopher Doering WASHINGTON, March 8 (Reuters) - Some U.S. regulators are "paralyzed" by the threat of lawsuits from Wall Street...

Finally President Obama Utters That Freighted Oil-Drenched Word "SPECULATION"

Raymond J. Learsy | Posted 05.08.2012 | Business
Raymond J. Learsy

This surprising aside while sermonizing us with the usual exculpatory rhetoric emanating from the White House that "...what I've said about gas prices is that there is no silver bullet ..." to high, ever higher gasoline prices.

Why Rising Gas Prices Could Backfire on the GOP in November

Robert Creamer | Posted 05.06.2012 | Politics
Robert Creamer

The sight of Republicans rooting against America and hoping that rising gas prices will derail the economic recovery is not pretty.

The Chicago Mafia and the Price You Are Paying for Gasoline

Raymond J. Learsy | Posted 05.05.2012 | Business
Raymond J. Learsy

Chicago is to commodity trading what Wall Street is to financial markets. The world's most significant trading exchange, the Chicago Mercantile Exchange Group is headquartered there and projects its power to influence institutions, the press and government.

Zach Carter

Republican Financial Regulator Goes Crying To OMB | Zach Carter | Posted 03.09.2012 | Politics

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...

MF Global May Just Get Away With It

The Huffington Post | Jillian Berman | Posted 02.29.2012 | Business

It looks like MF Global might just get away with it. That's because prosecutors are having trouble figuring out what exactly "it" is. Even as a Ch...

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

The Huffington Post | Bonnie Kavoussi | Posted 02.22.2012 | Business

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...

SIFMA Hypocritically Protests CFTC User Fee Plan

Barbara Roper | Posted 04.23.2012 | Business
Barbara Roper

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.

D.M. Levine

An FDA for Wall Street's Risky Business | D.M. Levine | Posted 02.14.2012 | Business

Are exotic financial derivatives as risky as untested prescription drugs? Two University of Chicago economists say possibly. As noted by economist Ste...

Obama Budget Plan Includes Big Boost Financial Regulators

Reuters | Posted 04.14.2012 | Business

* Obama seeks 18.5 percent FY13 budget boost for US SEC * Obama also asks for 50 percent budget boost for CFTC * DOJ would get $55 million m...

MF Global Collapse Triggers Regulator To Consider Changing Rules

Reuters | Posted 04.02.2012 | Business

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

CFTC's Message to Municipalities: Caveat Emptor

Barbara Roper | Posted 03.27.2012 | Business
Barbara Roper

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.

Price Manipulation: Look for Motive

Janet Tavakoli | Posted 03.20.2012 | Business
Janet Tavakoli

If you've Googled gold or silver, you've come across sites that are breathless about the possibility of manipulation of metals prices. The problem with the Internet is that it's new, too new to capture the rich history of the financial markets.

Regulator Adopts New Rules In Aim To Prevent Another MF Global-Like Collapse

Reuters | Posted 03.12.2012 | Business

* CFTC finalized next slate of Dodd-Frank rules * Measures include protecting customer collateral, Volcker rule * Gensl...

Regulators Have Missed Three-Fourths Of Dodd-Frank Deadlines So Far

The Huffington Post | Alexander Eichler | Posted 01.04.2012 | Business

When the Dodd-Frank financial reform law became official in 2010, supporters hoped it would herald in a new era of sobriety and transparency for the f...

The New York Times Continues to Pump Up the Price of Oil to the Oil Industry's Joy

Raymond J. Learsy | Posted 04.12.2012 | Media
Raymond J. Learsy

The New York Times has become an important contributor to the public's baleful acceptance of having its pockets picked by oil interests.

Marcus Baram

MF Global's Risky Practice Could Lead To Next Crisis | Marcus Baram | Posted 12.22.2011 | Business

The swift implosion of MF Global highlights a common practice used by aggressive speculators, one that experts say makes the broader financial system ...

MF Global Trustee Pursues Client Funds Held Overseas

Posted 12.21.2011 | Business

The U.S. trustee for bankrupt MF Global Holdings Inc is working to recover $700 million of client funds held by the broker's UK affiliate for U.S. cus...

Corzine's Saga As Cautionary Tale of the Demise of Wall Street

Raymond J. Learsy | Posted 02.15.2012 | Business
Raymond J. Learsy

The core lesson of the Corzine imbroglio and his "Who me?" testimony before various congressional committees has not been instinctively overlooked, but certainly not emblazoned into our consciousness, as well it should be.

Was Corzine Aware Of His Company Misusing Customer Funds?

Posted 12.14.2011 | Business

(Alexandra Alper and Aruna Viswanatha) - The regulatory arm of CME Group has turned over interviews to the Justice Department that allege former MF Gl...

Senators To Grill Regulators On MF Global Collapse

Posted 12.01.2011 | Business

Senators plan to press regulators on Thursday on whether they were asleep at the switch as now-bankrupt MF Global took on massive risky bets, and why ...