Cftc

CFTC Gets Derivatives Advice From Industry Insiders

HuffPost Investigative Fund | Keith Epstein And Ben Protess | Posted 11.18.2009 | Politics

Read More: Cantwell, Goldman Sachs, Lobbyists, Cftc, Commodities Futures Trading Commission, JP Morgan, Obama, Citigroup Global Markets, Federal Advisory Committee Act, White House, Euronext Liffe, Maria Cantwell, Financial Crisis, Government Accountability Office, Jill Sommers, Cme, Lobbying, Derivatives, Richard Berliand, Financial Reform, Joanne Medero, Arthur Hahn, Goldman, Barclays, Jill E. Sommers, Barack Obama, Gao, Derivatives Trading, Robert Klein, Bonnie Litt, Citigroup, Politics News

Like many federal agencies contemplating reform these days, the Commodities Futures Trading Commission is hearing a lot from the industry it regulates...

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EXCLUSIVE: Two Leading House Dems Will Close $50 Trillion Loophole In Derivatives Reform Bills

HuffingtonPost.com | Shahien Nasiripour and Ryan Grim | Posted 11.18.2009 | Business

Read More: Occ, Derivatives, End Users, Barney Frank, Derivatives Reform, Chris Dodd, Collin Peterson, Big Banks, Cftc, Exclusive, Tbtf, Financial Crisis, Banks, Foreign Exchange, Gary Gensler, Business News

The two House Democrats shepherding derivatives reform proposals through Congress will close an existing $50 trillion loophole for foreign currency co...

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The CFTC and Department of Energy Snore Away While the Oil Patch Makes Hay

Raymond J. Learsy | Posted 11.18.2009 | Business

Read More: Energy, Opec, WTI Oil Contract, Oil, Department of Energy, Cftc, Senator Bernie Sanders, NY Mercantile Exchange, International Energy Agency, Business News

It is clear that the price of oil as currently constituted no longer has anything to do with the market dynamics of supply and demand.

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Thank You, Exxon CEO Rex Tillerson, For Educating Us On Oil Prices

Raymond J. Learsy | Posted 11.15.2009 | Business

Read More: Energy, Cnbc, Rex Tillerson, Exxon, Dollar Exchange, Cftc, Oil, Ethanol, Oil Prices, Business News

Far be it for the industry to play it straight, to simply state that price as currently constituted has nothing to do with market dynamics of supply and demand.

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Derivatives Just "A Sophisticated Form Of Gambling," U.S. Senators Say; Propose Bill Allowing State Gambling Laws To Apply

HuffingtonPost.com | Shahien Nasiripour | Posted 11.10.2009 | Business

Read More: Ron Wyden, Cftc, Financial Reform, Regulatory Reform, Derivatives, Maria Cantwell, Derivatives Regulation, Preemption, Bernie Sanders, Financial Regulation, Gambling, Financial Crisis, Gary Gensler, Business News

In describing the complex and little-understood world of derivatives trading as "a sophisticated form of gambling," three U.S. Senators proposed legis...

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Congressional Committees Quietly Kill Portion Of Derivatives Bill; No One Watching For Systemic Risk

HuffingtonPost.com | Shahien Nasiripour | Posted 10.17.2009 | Business

Two congressional committees in charge of drafting legislation to regulate derivatives have quietly killed a provision that would allow the Federal Re...

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Derivatives Reform Weakened By Two Little-Noticed Amendments

HuffingtonPost.com | Shahien Nasiripour | Posted 10.15.2009 | Business

Read More: Judy Biggert, Barney Frank Derivatives, Judy Biggert Derivatives, Derivatives, Derivatives Reform, CFTC Derivatives, Cftc, Business News

Two little-noticed amendments inserted Wednesday into legislation seeking to strengthen regulation of derivatives will allow private industry to conti...

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Top Derivatives Regulator: "We Haven't Filled The Gaps" (VIDEO)

The Huffington Post Investigative Fund | Ben Protess and Lagan Sebert | Posted 11.04.2009 | Business

Read More: Commodities Futures Trading Commission, Derivatives, Office of Thrift Supervision, Sarbanes-Oxley, Gary Gensler, Cftc, Huffington Post Investigative Fund, Business News

Gary Gensler, the top regulator of the commodities markets, sees the U.S. financial system still "vulnerable" to the murky world of privately negotiat...

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Chairman of Gazprom Predicts $100 Oil Because of Speculation. Speculation, Really?

Raymond J. Learsy | Posted 11.14.2009 | Business

"Manipulation" is immeasurably more sinister than "Speculation." It bespeaks of controlling, orchestrating and maneuvering to falsify and rig.

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CFTC: Speculators Caused 2008 Oil Price Crisis

rawstory.com | Posted 08.29.2009 | Business

Read More: Wall Street Journal, Oil Prices, Speculators, Cftc, Commodity Prices, Business News

In a major U-turn from its claims during the Bush administration, the Commodity Futures Trading Commission is now set to admit that speculation in oil...

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CFTC Pins Blame For Oil Spike On Speculators

Wall Street Journal | By IANTHE JEANNE DUGAN and ALISTAIR MACDONALD | Posted 08.27.2009 | Business

Read More: Oil Prices, Oil Traders, Oil Spike, Oil Speculators, Cftc, Business News

The Commodity Futures Trading Commission plans to issue a report next month suggesting speculators played a significant role in driving wild swings in...

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Matt Taibbi: Sommers Wrong Pick For CFTC

True/Slant | Matt Taibbi | Posted 08.23.2009 | Business

Read More: Jill Sommers, Matt Taibbi, Goldman Sachs GOP, Cftc, Barack Obama, Business News

In yet another win for the anti-regulation effort in general and banks like Goldman Sachs in particular, President Barack Obama has just re-nominated ...

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Oil Prices: Debate Over Speculators Intensifies

washingtonpost.com | Steven Mufson | Posted 08.14.2009 | Business

Read More: Bart Chilton, Opec, Derivatives, Oil Prices, Commodity Futures Trading Commission, Cftc, Business News

The run-up in oil prices that began earlier this year was not as steep as last summer's record climb, but it was almost as mystifying. ...

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Wall Street Fights Back Against Curbs On Oil Speculation

Washington Post | Zachary A. Goldfarb | Posted 08.06.2009 | Business

Read More: Commodities, Cftc, Rules About Speculation, Oil Speculation, Speculators, Commodity Futures Trading Commission, Business News

The Commodity Futures Trading Commission will consider new measures to curb speculation in the markets for energy and other commodities, the agency is...

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CFTC, Toothless Regulator, Looks To Take A Bite Out Of Derivatives

Huffington Post Investigative Fund | Ben Protess | Posted 11.04.2009 | Business

Read More: Huffington Post Investigative Fund, CFTC Derivatives, Commodities Futures Trading Commission, Commodities Regulator, Cftc, Business News

When President Obama unveiled his regulatory overhaul plan last week, the Commodities Futures Trading Commission, or CFTC, dodged a bullet. Lacking...

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The Price of Oil Has Doubled on Obama's Watch -- the Time for Action is Now

Raymond J. Learsy | Posted 07.12.2009 | Business

Read More: Secretary of Energy Chu, NY Mercantile Exchange, Crude-Oil-Prices, Opec, Cftc, Strategic Petoleum Reserve, Wall Street Journal, Politics, Department of the Interior, Sovereign Wealth Funds, Saudi Arabia, Oil, Bush Administraton, Oil Commodity Exchange Trading, Department of Energy, President Obama, Business News

Speculation and psychology go hand in hand. The Department of Energy has it within its powers to change the temper of the marketplace.

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Oil Prices in Steep Decline: Be Afraid, Be Very Afraid!

Raymond J. Learsy | Posted 11.06.2008 | Business

Read More: Energy, Tom Freidman, OPEC President Khelil, Cftc, Saudi Arabia, Fed Chairman Ben Bernanke, King Abdullah, Treasury Sec.Paulson, Energy Sec.Bodman, President Bush, Gordon Brown, Oil, Crude Oil Prices, Business News

Something sinister is afoot in the steep decline of oil prices: Our sense of outrage at the oil industry risks being mollified; just when we become serious about alternative fuels, suddenly, magically, the price of oil retreats.

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As the Bush Years Wind Down the New York Times Signals Hard Times Ahead for Russia, Venezuela, Iran

Raymond J. Learsy | Posted 11.21.2008 | Business

Against the interests of the nation this administration has permitted, even encouraged the dramatic transfer of wealth to oil interests in dimensions beyond the fondest dreams of Croesus.

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The Highest Oil Price Spike in History

Michael Moynihan | Posted 10.23.2008 | Green

Read More: Energy, Oil Prices, U.S. Senate, Wall Street, Energy Policy, Cftc, Oil, Green News

What did it mean when oil prices Monday spiked by their largest amount in history, $16 in one day? It means something is seriously wrong with the oil price market.

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More About Speculation and Manipulation In Oil Trading

Raymond J. Learsy | Posted 10.06.2008 | Business

Read More: Oil, Sovereign Wealth Funds, Wall Street Journal, Marc Rich, International Energy Agency, Cftc, Rotterdam, Business News

It is good news that the CFTC is awakening from its reverie and beginning to deal with the core issues of oil trading. But it is still too much of a hit/miss operation with a degree of insouciance.

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Oil Trading: The CFTC Brings "Duh"! To a New Level

Raymond J. Learsy | Posted 09.21.2008 | Business

Read More: Commidity Exhanges, Speculative Oil Futures, Nymex, Cftc, Oil, Dubai Merc, Washington Post, Ice, Vitol, Business News

Our valiant oversight heroes examined Swiss company VITOL's books last month and found that VITOL was more of a speculator holding oil contracts than a means of lining up the actual delivery of fuel.

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Oil Prices Were Manipulated, U.S. Government Commission Charges

Janet Ritz | Posted 08.01.2008 | Green

The agency charged with "ensuring the integrity of the futures & options market," has accused Optiver Holding of manipulating the prices of crude oil, heating oil and gasoline futures on the NY Mercantile Exchange.

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High Oil Prices: Is That The 800 Pound Russian Bear Dancing In The Trading Pits

Raymond J. Learsy | Posted 07.16.2008 | Business

Read More: Gas Prices, Sovereign Wealth Funds, Cia, Cftc, Gazprom, Congress, United States, Alex Miller, Putin, Russia Oil, President Medvedev, Medvedev Oil, Business News

The price of oil has done for Russia what the cold war Kremlin was unable to achieve with all its missiles, tanks and mind numbing divisions of men and armor.

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Why The Paulson Plan Is DOA

Business Week | Michael Mandel | Posted 04.07.2008 | Business

Read More: Henry Paulson, Sec, Commodity Future Trading Commission, Hank Paulson, Wall Street, Cftc, Treasury Secretary, Business News

Let's see. In the middle of perhaps the greatest financial upheaval since the Great Depression, Treasury Secretary Hank Paulson is proposing a change ...

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