Laissez-faire leads to nationalization
By Ron Beasley The Republicans, including until this week John McCain, ... , one Clinton appointee at the Commodity Futures Trading Commission (CFTC), Brooksley Born, did attempt to bring derivatives trading under the CFTC's regulatory ambit, but she was shot down [more...]
Date: 2008-09-17 03:15:10
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More speculation about those oil speculators
I normally leave it to folks like Dean Baker to beat up on the press ... their businesses. But when the Commodity Futures Trading Commission examined Vitol's books last month ... in oil and a number of other commodity markets. The CFTC separates the holders of those contracts [more...]
Date: 2008-08-22 04:02:06
CNBC On Speculators Gone Wild: ‘So What?’
Yesterday, the Center for American Progress Action Fund’s Dan Weiss stood up for working American families as CNBC host Trish Regan and two other ... Futures Trading Commission released a report recommending specific improvements to commodities markets ... months from January to May traders poured $60 billion into the commodities market and basically per [more...]
Date: 2008-09-11 23:30:34
CBOT Limits Ag Receipts Held by Non-Grain Companies to Improve Performance of Hedging
In response to pressure over the last year, the CBOT has responded to requests from its regulator, the Commodity Futures Trading Commission, ... are the parameters below:Commodity - LimitCorn shipping certificates - 600*Soybean shipping [more...]
Date: 2009-01-06 02:59:00
Blame Fannie
Blame Fannie For fans of historical revisionism, ... from all regulation. (It was, I believe, in 2000, when the Commodity Futures Trading Commission ... when he said the law needed to be changed to allow some regulator to at least collect information [more...]
Date: 2008-09-23 22:00:16
Got a tip for a post?: Email us | Anonymous form Get PEEK in your mailbox! ... Commodity Futures Trading Commission chairwoman Brooksley Born, who tried to regulate credit default swaps [more...]
Date: 2008-11-14 21:35:10
The Aussie Goes Down Under
Those shrimp on the barbie are getting scorched. The Australian dollar has taken a big hit in the foreign exchange markets after the Reserve Bank ... data from the Commodity Futures Trading Commission, as of Friday, large non-commercial traders (large [more...]
Date: 2008-09-02 14:49:57
Brooklyn, NY - U.S. Commodity Futures Commission Bans Operator For Fraud; Ordered To Pay $1,350,000 in Restitution
Brooklyn, NY - The U.S. Commodity Futures Trading Commission (CFTC) today filed and settled charges of fraud, filing false documents, and misappropriation of customer funds against a registered commodity pool operator, Innovative Capital Management, LLC (Innovative [more...]
Date: 2008-12-24 16:02:05
Larry Summers Out as Obama’s Treasury Pick?
Larry Summers Out as Obama’s Treasury Pick? Posted by James O'Rourke on November 15, 2008 Posted by Matt Stoller, Open Left at 9: ... and expert on urban issues as well as fiscal, monetary and social policy; former Commodity Futures Trading Commission chairwoman Brooksley Born, who tried to regulate credit default swaps [more...]
Date: 2008-11-15 23:15:43
Obama: 3, Bush: 0.
Today around 10:45 a.m. ET, President Bush began speaking about domestic policies at the American Enterprise Institute and President-elect Obama began his press conference announcing his picks to fill the SEC, Federal Reserve Board, and Commodity Futures Trading Commission. Both MSNBC and CNN ignored the lame-duck president and chose [more...]
Date: 2008-12-18 16:06:36
Will Mary Schapiro Lead a Merger of the SEC and CFTC?
With startling revelations (yesterday and today) ... , with the CFTC, created in 1974 to regulate commodities futures and options markets. Schapiro’s service ... might be her stint as the chair of the Commodities Futures Trading Commission during the Clinton [more...]
Date: 2008-12-18 14:15:49
Obama's team
DOMESTIC TEAM Ray LaHood Transportation Secretary Hilda Solis Labor Secretary Ron Kirk U.S ... Dan Tarullo Member, Federal Reserve Board Gary Gensler Commodity Futures Trading Commission ... D. Romer Director of the Council of Economic Advisors Melody C. Barnes Director of the Domestic [more...]
Date: 2008-12-30 10:10:45
Don't Blame the Speculators; Without Futures Markets, Oil Might Be At $200 Instead of $135
Excerpts below from the Fortune Magazine article "Don't Blame the Oil Speculators: ... former U.S. Commodities Futures Trade Commission chief economist Gerald Gay. "No, they're clueless ... Misunderstanding of How Futures Markets Work": Here's a suggestion: The next time a Congressional committee [more...]
Date: 2008-06-28 02:03:05
The Franken Factor
Assuming Republican Norm Coleman's legal challenges fail and Democrat Al Franken is seated as Minnesota's senator, can the onetime comedian, ... pot shots to early morning debate on reauthorizing the Commodity Futures Trading Commission [more...]
Date: 2009-01-07 14:48:34
The Weekly Carboholic: anti-oil speculator resolution useless political theater
On June 26, the United States House of Representatives passed HR 6377, a resolution that requires the Commodity Futures Trading Commission (CFTC) to use ... , if the House wanted to implement real reform, they could have pulled HR 6273, the “Commodity Futures [more...]
Date: 2008-07-02 12:30:32
Morning Brief: U.S. and Iraq nearing troop agreement
Morning Brief: U.S. and Iraq nearing troop agreement Thu, 08/21/2008 - 9:54am Top Story Khalid Mohammed - Pool/Getty Images U.S ... of speculators appear to rule the oil markets. According to the Commodity Futures Trading Commission ... for the New York Times Magazine. Obama advisors Richard Clarke and Susan Rice slammed "quick-draw [more...]
Date: 2008-08-21 13:05:11
The Government Wants Your Opinion on Prediction-Markets Regulation
The US Commodity Futures Trading Commission (CFTC) is soliciting public comment on the regulatory treatment of event (prediction) ... to that enjoyed by established futures and options exchanges. Aside from the obvious libertarian argument [more...]
Date: 2008-07-03 22:26:38
Managing the Business Risk of Fraud...
Operational Risk Management is in full swing at distressed institutions as the TARP funds continue to flow to these needy corporations ... of the Securities and Exchange Commission and the Commodity Futures Trading Commission.Gil Soffer, associate deputy [more...]
Date: 2009-01-07 10:04:00
Forex Scam; How forex Brokers Defraud Retail Forex Traders
According to wikipedia "A forex scam is any trading scheme used to defraud individual traders by convincing them that they can expect to gain a high profit by trading in the foreign exchange market. Currency trading 'has become the fraud du jour' as of early 2008, according to Michael Dunn of the U.S. Commodity Futures Trading Commission [more...]
Date: 2008-12-27 14:10:00
Obama Picks Schapiro for SEC
President-elect Obama has chosen Mary Schapiro to chair the Securities and Exchange Commission, the Wall Street Journal reports ... . She served under the Clinton administration in 1994 as chairman of the Commodity Futures Trading Commission and as an SEC commissioner from 1988 to 1993." [more...]
Date: 2008-12-18 00:17:57
Obama makes key econ appointments
CHICAGO — President-elect Barack Obama set aside Cabinet secretary appointments for a day and showcased his picks to lead key Wall Street watchdog ... and Gary Gensler as the chairman of the Commodity Futures Trading Commission. Dan Tarullo will fill [more...]
Date: 2008-12-18 17:24:06
Heller Bigwig Defects for Bingham
Geoffrey Aronow, the managing partner of Heller Ehrman's Washington, D.C ... Legal Times. Aronow, a former enforcement director at the Commodity Futures Trading Commission ... that, so it's not a goal, but it's a result." Legal Times quotes Heller's firmwide managing partner, Robert [more...]
Date: 2008-08-05 15:35:08
If Mary Schapiro’s the answer. . .
...it was probably a stupid question ... . Schapiro took the NASD-R’s money after putting in 15 months as chairman of the Commodity Futures Trading Commission; before that she was, from 1988-1993, a member of the US Securities and Exchange [more...]
Date: 2008-12-18 05:27:02
Should Mary Schapiro save the SEC or shut it down?
Mary Schapiro, reported to be the President-elect's choice to run the Securities and Exchange Commission, ... . She's been chairman of the Commodity Futures Trading Commission. She's currently CEO of the Financial [more...]
Date: 2008-12-18 04:05:40
Obama takeover augurs financial regulator shakeup
By Kevin Drawbaugh WASHINGTON (Reuters) - President-elect Barack Obama and Democrats in Congress will take over the government this month with big ... and chiefs for the Securities and Exchange Commission (SEC) and the Commodity Futures Trading [more...]
Date: 2009-01-04 23:44:40
Breaking: Obama to name Mary Schapiro to SEC
Several media outlets including Bloomberg and the WSJ are reporting that Mary Schapiro will be tapped to head the SEC at a news conference in ... Industry Regulatory Authority and the Commodities Futures Trading Commission certainly seems helpful [more...]
Date: 2008-12-18 00:34:52
The Real Election Trading
For the last few days traders have been talking about whether the equity market is “discounting” a win by Senator Barack Obama (D ... Futures Trading Commission, according to Tom Snee, spokesman for the IEM. (Intrade is an unregulated ... near as liquid as even the more thinly-traded commodities, that doesn’t mean there isn’ [more...]
Date: 2008-11-04 17:32:29
The Real Election Trading
For the last few days traders have been talking about whether the equity market is “discounting” a win by Senator Barack Obama (D ... Futures Trading Commission, according to Tom Snee, spokesman for the IEM. (Intrade is an unregulated ... near as liquid as even the more thinly-traded commodities, that doesn’t mean there isn’ [more...]
Date: 2008-11-04 20:25:00
Sources: Obama taps GOP lawmaker, senior regulator
... a nongovernment regulatory group for securities firms, is also a former head of the Commodities Futures Trading Commission and former member of the SEC. She has been appointed to government posts [more...]
Date: 2008-12-18 02:08:05
Schapiro to be named SEC chairman: reports - Marketwatch
WASHINGTON (MarketWatch) -- The choice of Mary Schapiro to head the Securities and Exchange Commission indicates that President-elect Barack Obama is serious about combining the agency and the Commodities Futures Trading Commission, observers said ... [more...]
Date: 2008-12-18 18:30:59
CASS SUNSTEIN appears likely to lead the Office of Information and Regulatory Affairs in the White House ... , he said "The Commodity Futures Trading Commission (CFTC), the federal regulatory agency [more...]
Date: 2009-01-09 21:46:10
How to Choose a Good Quality Forex Broker | Business News
In the United States, forex brokers should be registered as a Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) [more...]
Date: 2008-11-16 19:46:44
Obama Selects Three Financial Regulators
Getty He names Mary Schapiro as SEC head, Daniel Tarullo to the Federal Reserve Board and Gary Gensler as Commodity Futures Trading Commission head during Thursday presser. Mentions Wall Street [more...]
Date: 2008-12-18 14:10:17
Stronger Mortgage Data Props up Pound vs Dollar
Thursday, January 1, 2009 Sterling steadied versus the dollar on Monday as news of growing mortgage approvals eased concerns about a potentially ... in the week to February 19 according to the latest data from the Commodity Futures Trading ... in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.2. Scandinavian [more...]
Date: 2009-01-02 03:11:00
Lucas Named As GOP Ag Committee Leader
Congressman Frank Lucas was named today as the Republican Leader of the House Committee on Agriculture. He succeeds Virginia Rep ... Administration and the Commodities Futures Trading Commission. [more...]
Date: 2008-12-10 23:13:27
Joseph S. Forte : Despicable, Greedy Bastard
Uhh huh. You knew it was only a matter of time given the greed factor in this area ... of this latest Ponzi scheme.The Securities and Exchange Commission and the Commodities Futures Trading [more...]
Date: 2009-01-08 20:17:00
Facing Crisis, Obama Moves Quickly to Fill Economic Posts
In the face of the deepening financial crisis and the largest Wall Street swindle in history, ... Gensler to lead the Commodities Futures Trading Commission. Gensler spent 18 years at Goldman Sachs before [more...]
Date: 2008-12-18 16:33:51
Sex and Money: Are Women Regulators Different?
By Dean Baker, TruthOut.org. Posted December 27, 2008 ... , as chair of the Commodity Futures Trading Commission under President Clinton, wanted to regulate [more...]
Date: 2008-12-27 17:34:55
Facing crisis, Obama moves quickly to fill economic posts
In the face of the deepening financial crisis and the largest Wall Street swindle in history, ... Gensler to lead the Commodities Futures Trading Commission. Gensler spent 18 years at Goldman Sachs [more...]
Date: 2008-12-18 17:29:30
Dodd schedules Schapiro's confirmation hearing
Senate Banking Committee Chairman Christopher Dodd (pictured) ... for the combination of the SEC and the Commodities Futures Trading Commission. Also scheduled [more...]
Date: 2009-01-08 17:07:26
An exchange on gold’s future, and GATA’s
Monday, January 5, 2009 Dear GATA: I am wondering if the words of Commodity Futures Trading Commission member Bart Chilton, distributed by GATA on January 4 (http://www.gata.org/node/7056 [more...]
Date: 2009-01-06 10:17:40
Obama Will Appoint Fed Governor
In addition to naming Mary Schapiro to head the SEC at today's press conference, ... Undersecretary, to head the Commodity Futures Trading Commission. [more...]
Date: 2008-12-18 13:25:52
Oil Traders: Don't Fence Us In
Investment bank and hedge fund representatives tell the Commodity Futures Trading Commission the oil market doesn't need more oversight [more...]
Date: 2008-06-17 00:51:19
Tom Harkin set to put some of Humpty Dumpty back together.
Credit default swaps, heralded by Phil Gramm as a necessary and innovative new way in which risk can be passed off onto unwary suckers (paraphrase) ... jurisdiction of the Commodity Futures Trading Commission: WASHINGTON — Senate Agriculture Committee ... . In forcing them to be traded this way, it would grant the U.S. Commodity Futures Trading Commission [more...]
Date: 2008-11-21 00:25:02
Obama Hates Oil Speculators, Hearts Ethanol
Bloomberg reports that Democratic presidential candidate Barack Obama is proposing new rules to increase government interven... err... oversight in energy markets. He wants to "require the U.S. Commodity Futures Trading Commission to regulate trading in energy futures contracts and direct the commission to investigate ways [more...]
Date: 2008-06-23 16:04:51
How To Get Started In Forex Trading
The foreign exchange market (FOREX) offers several advantages to investors. But you need to know where to begin ... such as banks. A reputable broker will be registered as a Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) as protection against duping and abusive trade practices. Open [more...]
Date: 2008-12-16 21:00:04
Quality Registered Institution
In the United States, forex brokers should be registered as a Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) ... . ForexGen offers a free trial Forex demo account that allows you to test your skills and practice without ... , no swaps and instant account Activation.2. Scandinavian quality with Swiss precision, [more...]
Date: 2009-01-06 17:41:00
Shocker: Federal Regulators Conclude That Oil Speculators Not Responsible For High Gas Prices
The Commodity Futures Trading Commission has released financial data indicating that commodities traders engaged in oil speculation have had little ... driving the future price of oil down. Commodity index funds also have a much smaller share ... of transactions worth billions of dollars between January and June of this year. Commodity futures [more...]
Date: 2008-09-15 14:50:11
Maryland’s Gensler finds a spot in Obama administration
Some Marylanders’ names have been tossed around as possibilities for posts in the Obama administration (i.e. former Rep. Wayne Gilchrest and Dr ... as his pick to head up the Commodity Futures Trading Commission. The CFTC oversees $5 trillion in futures and options trading — oil and other commodities prices have been hot-button issues there this year [more...]
Date: 2008-12-18 18:11:06
Nikkei to Cash, Gold Bearish
Sheesh. Hope you survived the week in one piece! We're just 100 points on the S&P 500 from the Oct. 2002 low of 777. Amazing ... by the U.S. Commodity Futures Trading Commission. (See my "How It Works" page for details.) Trading new signals ... , derivatives, Black Swans, market timing, trading system development, CFTC, Commodity Futures Trading [more...]
Date: 2008-10-24 20:33:00
