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Zach Carter

House Passes Bill To Aid Koch Brothers, Deregulate Wall Street

HuffingtonPost.com | Zach Carter | Posted 06.25.2014 | Politics

WASHINGTON -- The U.S. House of Representatives on Tuesday passed a financial deregulation package that would benefit the Koch brothers and the nation...

Florida Fraudsters, Scammed Seniors and Lax Legislators

Jeff Joseph | Posted 08.18.2014 | Money
Jeff Joseph

This month, C-SPAN featured findings of the Senate Special Committee on Aging, which is investigating a 13-year rap sheet of gold investment scams targeting Florida seniors. The two-hour event revealed that current CFTC regulatory efforts aren't working. And, more importantly, it revealed why.

Zach Carter

How Democrats Are Accidentally Helping The Koch Brothers

HuffingtonPost.com | Zach Carter | Posted 06.10.2014 | Politics

WASHINGTON -- Over the past two years, House Majority Leader Eric Cantor (R-Va.) has repeatedly wrestled with factions of his own party as he tries to...

Flash Boys Puts a Flashlight on Dark, Predatory HFT Trading

Dennis M. Kelleher | Posted 06.03.2014 | Business
Dennis M. Kelleher

The industry counters by denying these facts and boldly claiming that they provide liquidity and lower costs, but it has been demonstrated that HFT is more often a liquidity taker than a liquidity provider and, if anything, raises the costs of trading.

Controversial Banker Won't Get Regulatory Job After All

The Huffington Post | Mark Gongloff | Posted 02.07.2014 | Business

In a testament to the power of Twitter, or the speed of the revolving door between government and the private sector, or both, one banking legend's co...

JPMorgan Exec To Advise Wall Street Regulator

Reuters | Posted 04.08.2014 | Business

By Douwe Miedema WASHINGTON, Feb 6 (Reuters) - Blythe Masters, who heads JPMorgan's commodity business, has joined a committee advisi...

Zach Carter

Jeff Merkley Wants You To Know He Stood Up To Wall Street

HuffingtonPost.com | Zach Carter | Posted 01.25.2014 | Politics

WASHINGTON -- Sen. Jeff Merkley (D-Ore.) told HuffPost that he sees the finalization of regulation that banned Wall Street speculation with taxpayer m...

Data Fees Kick CTAs and IBs When They're Down

Daniel P. Collins | Posted 02.08.2014 | Business
Daniel P. Collins

I reported on the poor timing of the increase in exchange and data fees by CME Group two weeks ago but the full impact, particularly of the data fees, is just coming into focus and market participants are seeing sticker shock.

Controversial Wall Street Reform Rule Nearing Completion

Reuters | Posted 01.25.2014 | Business

By Douwe Miedema NEW YORK, Nov 18 (Reuters) - The head of the U.S. swaps regulator said on Monday he would share a draft of the Volcke...

Obama Praises CFTC Nominee's Humility, Results

AP | JULIE PACE and MARCY GORDON | Posted 11.12.2013 | Politics

WASHINGTON (AP) — President Barack Obama is praising his choice to run the Commodity Futures Trading Commission as someone who doesn't seek the spot...

Wall Street Watchdog So Broke, Even Elizabeth Warren Couldn't Run It Effectively

The Huffington Post | Mark Gongloff | Posted 11.12.2013 | Business

The big mystery on Wall Street today is whether Timothy Massad will be an aggressive chairman of the Commodity Futures Trading Commission, a key finan...

Obama Nominating Top Treasury Official For High Post

AP | JULIE PACE and MARCY GORDON | Posted 11.12.2013 | Politics

WASHINGTON -- WASHINGTON (AP) — President Barack Obama is nominating a top Treasury Department official to run the independent agency that regulates...

Wall St. Watchdog Too Broke To Do Any Watching (Thanks To Austerity)

The Huffington Post | Mark Gongloff | Posted 11.01.2013 | Business

Austerity isn't just hurting the U.S. economy: It's also starving Wall Street's watchdogs. The Commodity Futures Trading Commission has decided not...

Wall Street's Latest Dark Market Gambling: Ethanol

Dennis M. Kelleher | Posted 01.23.2014 | Business
Dennis M. Kelleher

Rampant, unregulated Wall Street speculation by taxpayer-backed too-dangerous-to-fail megabanks must not be allowed to wreck another market and inflict more pain on Main Street.

Shahien Nasiripour

The Next Derivatives Regulator?

HuffingtonPost.com | Shahien Nasiripour | Posted 09.18.2013 | Politics

The White House is considering Elizabeth Ritter, a longtime lawyer at the Commodity Futures Trading Commission, to replace Gary Gensler as the chief U...

Regulators To Crack Down On High-Speed Trading

Reuters | Posted 10.24.2013 | Business

By Tom Polansek CHICAGO, Aug 23 (Reuters) - The U.S. Commodity Futures Trading Commission is preparing to reveal a laundry list of po...

Why Corzine Must Be Held Accountable

Daniel P. Collins | Posted 09.28.2013 | Politics
Daniel P. Collins

When individuals are not held accountable for misdeeds, problems created from those misdeeds are associated with the underlying structure. And in this case, the underlying structure -- the regulated futures market -- has proven itself over the years.

You Will Be Paying Higher Gasoline Prices. It Is Essential You Begin to Understand Why!

Raymond J. Learsy | Posted 09.15.2013 | Business
Raymond J. Learsy

In the face of escalating gas prices, the oil patch, their allies and Wall Street are counting on your ignorance permitting them to pick your pockets, spoon-feeding you nonsense while they cash in massively.

Shahien Nasiripour

Metal Market Mayhem: Brewers Blast Banks

HuffingtonPost.com | Shahien Nasiripour | Posted 07.17.2013 | Politics

WASHINGTON -- A loose coalition of beer brewers, automakers, Boeing and Coca-Cola is accusing big banks, including Goldman Sachs and JPMorgan Chase, o...

Your Price of Gasoline Is Going Up! How Sweet It Is!

Raymond J. Learsy | Posted 09.13.2013 | Business
Raymond J. Learsy

The days of the Commodity Exchanges functioning as casinos should be brought to a cataclysmic halt by forceful government action serving the interests of the public's well-being and sane economic policy.

The Price of Oil: Speculation, Manipulation Or a Deeply Broken System

Raymond J. Learsy | Posted 09.07.2013 | Business
Raymond J. Learsy

Will it be a serious and searching probe of the malevolent formation of prices in the oil industry, costing American and world consumers billions, or just a cursory headline in the manner of the now discredited 'The Oil and Gas Price Fraud Working Group.'

FTC to Probe Oil Price Fixing. Saying So Doesn't Make It So

Raymond J. Learsy | Posted 08.25.2013 | Business
Raymond J. Learsy

Certainly the FTC has its work laid out. The big question now is will they follow through or go the way of the "Oil/Gas Pricing Fraud Panel" of April 2011 from which we have yet to hear a single note?

European Attacks on U.S. Regulators Must Not Be Allowed to Weaken U.S. Derivatives Rules

Dennis M. Kelleher | Posted 08.24.2013 | Business
Dennis M. Kelleher

This is little more than a brazen attempt to bully U.S. regulators into delaying and weakening U.S. rules, which, as Senator Elizabeth Warren has pointed out, must not happen.

Dodd-Frank on a Precipice

Daniel Dicker | Posted 08.10.2013 | Business
Daniel Dicker

The Dodd-Frank rulemaking process, now in its fourth year, has been so long, wonky and arcane that it has entirely lost the interest of the public and the press -- as perhaps was the plan of its detractors.

Should Bitcoin Peg Itself To The Dollar?

Max Keiser | Posted 06.26.2013 | Business
Max Keiser

With Bitcoin, there is an interesting corollary with China and its currency peg. Why not peg Bitcoin to the dollar, at let's say $100 BTC to the dollar?