Tag Archives: CFTC
Don’t let the best leaves the boat.
Jeffrey Harris, the chief economist at the CFTC who last year said he could find no direct link between speculation and high energy prices, is leaving the agency.
Ayn Rand’s influence on Alan Greenspan is responsible for the 2008 financial crisis.
Or so is PBS’s thesis in “The Warming”.
Pretty convincing.
ADDENDUM
Wikipedia:
Brooksley E. Born is an American attorney and former public official who, from August 26, 1996 to June 1, 1999, was chairperson of the Commodity Futures Trading Commission (CFTC), the federal agency which oversees the futures and commodity options markets. During her tenure on the CFTC, Brooksley [...]
The Commodity Futures Trading Commission and Securities and Exchange Commission will have authority to decide what derivatives must be centrally cleared rather than letting private parties make the call.
“Central clearing interposes a regulated clearinghouse between the original counterparties in a derivatives transaction and so creates an opportunity to make dealing more transparent.”
CNBC video
InTrade should be regulated. InTrade is in total illegality, right now.
CFTC and SEC want authority over foreign exchanges that offer access to U.S. investors.
The Commodity Futures Trading Commission and Securities and Exchange Commission on Friday recommended legislation that would expand the U.S. futures regulator’s authority over foreign exchanges that offer access to U.S. investors.
The heads of major exchanges offered somewhat diverging views on plans by the CFTC and the SEC to reconcile their rule books.
The heads of major exchanges offered somewhat diverging views on plans by the CFTC and the SEC to reconcile their rule books.
“A big concern shared by both exchange operators is that turf battles have slowed the approval of new products.”
The CFTC is seeking a bigger budget to cover ambitious plans to expand its policing of commodities markets.
The CFTC is seeking a bigger budget to cover ambitious plans to expand its policing of commodities markets.
The Obama administration detailed a sweeping plan to more closely oversee the giant market for derivatives.
“The 115-page draft bill would give the bulk of the proposed new powers over derivatives to the Securities and Exchange Commission and the Commodity Futures Trading Commission but also keep banking regulators in the mix by granting them authority to oversee banks that deal in derivatives.”
CFTC to Consider Setting Position Limits for Energy Trading
- Wall Street Journal
- New York Times