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    • WATCH: More than 200,000kg of food saved, distributed annually July 18, 2018
      Kaibosh fights back against food waste and food poverty with the help of the community. ABBY SINCLAIR PARKER reports The post WATCH: More than 200,000kg of food saved, distributed annually appeared first on NewsWire.co.nz.
      Abigail Sinclair-Parker
    • Newtown Market an example of increasing self-employed numbers July 18, 2018
      Newtown Market's Nomie Julian is enjoying her new role as organiser of the market, where stallholders get the chance to try working for themselves. ABIGAIL SINCLAIR-PARKER reports the stall-holders are among an increasing number of self-employed according to government statistics. The post Newtown Market an example of increasing self-employed numbers ap […]
      Abigail Sinclair-Parker
    • Children inspire all-natural beauty products July 18, 2018
      ABIGAIL SINCLAIR-PARKER talks to a sustainable local business, and asks locals in the street how they try to live sustainably The post Children inspire all-natural beauty products appeared first on NewsWire.co.nz.
      Abigail Sinclair-Parker
    • PHOTO ESSAY: A day in the life at Juliette Florist July 16, 2018
      Juliette florist is a boutique in Wellington. ABBY SINCLAIR PARKER spends a day with them. The post PHOTO ESSAY: A day in the life at Juliette Florist appeared first on NewsWire.co.nz.
      Abigail Sinclair-Parker
    • WATCH: Kitten season takes over SPCA in Wellington July 3, 2018
      Kitten season in Wellington is ending, which causes a bigger demand for foster careers The post WATCH: Kitten season takes over SPCA in Wellington appeared first on NewsWire.co.nz.
      Nikita Rawnsley-Wratt
    • Ra Smith: Reviving the “people’s marae.” July 3, 2018
      A Māori community leader is vying to make a Wairarapa marae vibrant again. THOMAS CROSKERY reports. The post Ra Smith: Reviving the “people’s marae.” appeared first on NewsWire.co.nz.
      Thomas Croskery
    • Online versus in-store fine balance for The Mews partners July 3, 2018
      Domestic online retail sales are growing at a faster pace than international, but all is not lost for in-store retail. JULIA STEEL reports. The post Online versus in-store fine balance for The Mews partners appeared first on NewsWire.co.nz.
      Julia Steel
    • WATCH: Zoo fights plastic for World Environment Day July 2, 2018
      Over 700 marine species are affected by plastic in our oceans. Courtney Day finds out how Wellington Zoo raises awareness. The post WATCH: Zoo fights plastic for World Environment Day appeared first on NewsWire.co.nz.
      Courtney Day
    • Increasing numbers of Kiwis leave for Asia a longer-term trend July 1, 2018
      People are departing New Zealand for overseas in the largest numbers since 2014 and Asia is increasingly attractive. NZ China Friendship national president Dave Bromwich talks to SAM ROBINSON about the trend of younger Kiwis moving to China for business opportunities. The post Increasing numbers of Kiwis leave for Asia a longer-term trend appeared first on N […]
      Samuel Robinson
    • PHOTO ESSAY: A taste of France in capital July 1, 2018
      The Renault French Festival’s French Village brought European expats, tourists and Kiwi Francophiles together. JULIA STEEL had a taste. The post PHOTO ESSAY: A taste of France in capital appeared first on NewsWire.co.nz.
      Julia Steel
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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.