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Gary Gensler Chairman Cftc

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...

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...

Shahien Nasiripour

Obama Set To Purge Top Wall Street Foe

HuffingtonPost.com | Shahien Nasiripour | Posted 06.11.2013 | Politics

President Barack Obama is poised to nominate Amanda Renteria, a former Senate staffer, to replace Gary Gensler atop the main U.S. derivatives regulato...

Eleazar David Melendez

Market Regulator Considers Watering Down Rules Meant To Prevent Another Collapse

HuffingtonPost.com | Eleazar David Melendez | Posted 03.01.2013 | Business

The federal regulator overseeing trading in derivatives -- an opaque realm worth hundreds of trillions of dollars at the center of the global financia...

Wall Street Reform: Taking a Knife to a Gunfight

Sanjay Sanghoee | Posted 07.24.2012 | Business
Sanjay Sanghoee

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.

Regulator To Probe JPMorgan Trading Loss

AP | MARCY GORDON | Posted 07.21.2012 | Business

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...

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

Leo Hindery, Jr. | Posted 06.17.2012 | Politics
Leo Hindery, Jr.

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.

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...

In Wake Of MF Global Bankruptcy, Regulator Orders Review Of All Futures Firms

AP | Posted 01.10.2012 | Business

WASHINGTON -- Federal regulators have ordered a review of all U.S. futures trading firms after hundreds of millions of dollars in client funds went mi...

CFTC Chairman Gensler Says He'd Be 'Distraction' In MF Global Probe

AP | By EILEEN AJ CONNELLY and DANIEL WAGNER | Posted 01.07.2012 | Business

NEW YORK -- A regulator says he withdrew from an investigation of Jon Corzine's collapsed securities firm to avoid being a "distraction." Gary Gensle...

Credit Derivatives and Leverage Sank Jon Corzine's MF Global

Janet Tavakoli | Posted 01.04.2012 | Business
Janet Tavakoli

Ratings downgrades will trigger increased margin calls. This is all business as (un)usual. What isn't usual is diverting money from segregated customer accounts. It's too late to blame "sloppiness, bookkeeping, or accounting."

Are Our Leaders Hearing ExxonMobil CEO Tillerson?

Raymond J. Learsy | Posted 07.17.2011 | Business
Raymond J. Learsy

Amidst the current kerfuffle of Republicans and Democrats blaming each other for ever higher gas prices, focusing on issues ranging from oil company tax breaks to impediments on new drilling, the most significant item of information extant is barely focused upon.

Killing Your Own: The Truth About Oil Speculators

Leah McGrath Goodman | Posted 05.25.2011 | Business
Leah McGrath Goodman

When it comes to oil trading, not to mention speculation in the stock and other financial markets, action has largely moved to the screen, which is ruled by speculators who remain, as ever, bloodthirsty.

Time to Dismiss the CFTC Chairman and His Commissioners

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

The Dodd-Frank Act gave the CFTC until January 2011 to set limits to curb excessive speculation in the energy markets. Lo and behold, Chairman Gensler told lawmakers the CFTC wouldn't meet the deadline "because it doesn't yet have sufficient data."