Increased energy market supervision; CFTC regulation

There is an interesting story by Reuters about how the Commodity Futures Trading Commission (CFTC) and the U.K’s Financial Services Authority (FSA) have announced they will closely moniter energy markets. The story also details some of the CFTC’s plans to tighten commodity trading rules, including position limits in U.S. futures markets and sujecting more  over-the-counter derivatives subject to mandatory clearing. Under [...]

Geithner wants OTC derivatives traded on exchanges

A story from the Oil & Gas Financial Journal about U.S. Treasury Secretary Timothy Geithner talking about greater reglation for over-the-counter derivatives (OTC). OTC derivatives are a type of contract used on the commodity exhange. They are privately negotiated and traded directly between two parties, without going through an exchange or other intermediary. CLICK HERE to [...]