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 [...]

Recap of first CFTC hearing into speculation

Commodify Me! has been busy with the daily grind of life and would like to apologise for not posting this sooner. Anyway, as we all know, the Commodities Futures Trading Commission held the first of its three hearings last week looking at ways to curb excessive speculation in oil, gas and other engery markets. The [...]

Bernstein: CFTC’s plans won’t stop wild speculation

Richard Bernstein, the former Chief Investment Strategist and Head of the Investment Strategy Group at Merrill Lynch and CEO of Richard Bernstein Capital Management, believes plans by the Commodity Futures Trading Commission to regulate speculation on the exchange won’t work because it will merely push speculators to the non-regulated over-the-counter markets. Bernstein also argues that it was hedge [...]