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    • He tangata, he tangata, he tangata* November 14, 2018
      *The people, the people, the people: "You just have to meet the people" is the result of a three-week diversity reporting project undertaken by Whitireia Journalism students. The post He tangata, he tangata, he tangata* appeared first on NewsWire.co.nz.
      Newswire Team
    • ‘You just have to meet the people’ – beyond mental health stigma November 13, 2018
      As New Zealand wakes up to the enormity of the mental health issue, more and more of us are finding the will to tell our stories. The NewsWire team puts people at the heart of the story in a project culminating in this multi-media, interactive long read. The post ‘You just have to meet the people’ – beyond mental health stigma appeared first on NewsWire.co.n […]
      Newswire Team
    • Royals put spotlight on mental health at iconic Wellington cafe October 30, 2018
      The royal visitors put Wellington's Maranui cafe in the spotlight on Monday as LEAH TEBBUTT reports. The post Royals put spotlight on mental health at iconic Wellington cafe appeared first on NewsWire.co.nz.
      Leah Tebbutt
    • Anxious moments as armed police board bus October 30, 2018
      Passengers on the Island Bay bus got more than they paid for as NIKITA RAWNSLEY WRATT reports. The post Anxious moments as armed police board bus appeared first on NewsWire.co.nz.
      Nikita Rawnsley-Wratt
    • Robotics team wins big in international competition October 16, 2018
      University robot rolls into the winner’s circle at international competition. BONNIE MOSEN reports. The post Robotics team wins big in international competition appeared first on NewsWire.co.nz.
      Bonnie Mosen
    • Blind patrons catered for at Nutcracker performances October 16, 2018
      The Nutcracker ballet will offer audio description to blind audience members. BONNIE MOSEN reports. The post Blind patrons catered for at Nutcracker performances appeared first on NewsWire.co.nz.
      Bonnie Mosen
    • LISTEN: New Zealanders like their internet without limits October 15, 2018
      Broadband use is rising rapidly In this country. LEAH TEBBUTT reports. The post LISTEN: New Zealanders like their internet without limits appeared first on NewsWire.co.nz.
      Leah Tebbutt
    • LISTEN: Calls for change to benefit system October 15, 2018
      The Green Party wants an overhaul to the benefit system. LEAH TEBBUTT reports. The post LISTEN: Calls for change to benefit system appeared first on NewsWire.co.nz.
      Leah Tebbutt
    • Benefit system failing the most vulnerable October 15, 2018
      Green Party are changing the benefit system. LEAH TEBBUTT reports. The post Benefit system failing the most vulnerable appeared first on NewsWire.co.nz.
      Leah Tebbutt
    • Rainbow crossing a small step in the right direction October 15, 2018
      Members of the rainbow community say Wellington’s new rainbow crossing is a sign of visibility and pride for the capital. The crossing which was officially opened last week was a collaborative effort between the Wellington City Council and the rainbow community. Support group, Inside Out’s national coordinator, Tabby Besley says the crossing is important for […]
      Leah Tebbutt
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Congress considers regulating derivatives

The Washington Post has a story about how Congress is debating legislation whether to regulate derivatives.

The legislation includes establishing a single agency to oversee credit and mortgage lending, to give the Federal Reserve new powers, and to tighten regulations over a host of financial firms and practices:

The Obama administration formally proposed legislation on Tuesday to regulate exotic financial instruments known as derivatives, the final piece of the broad rework of financial regulations to be delivered to Congress. READ MORE.

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CFTC hopeful of new regulation by late October

A follow up story by Reuters about the Commodity Futures Trading Commission’s process and plans for regulating excessive speculation in the commodity market.

For those who have not been following this story, the CFTC’s moves are part of the Obama administration’s plans to tighten U.S. financial regulation and prevent another banking and market crisis.  Critics have  argued the global financial meltdown over the past several months was caused by laxity in the financial markets:

The Commodity Futures Trading Commission will move aggressively to rein in excessive speculation in energy and commodity markets by focusing on expanding its existing authority and could have new regulations in place by late October.

Bart Chilton, one of five commissioners at the CFTC, said he could not predict what the agency will do, but he would like to see the proposed rules issued in September, then implemented by late October or November after a period of public comment. READ HERE

As a keen supporter of tighter regulation on the commodity exchnge,  Commodify Me! will be following the develpoments of this story with great interest and will be providing comment once details of the CFTC’s plans are a little clearer.