September 29, 2012
by Jaimie Cremeans
A judge for the US District Court of the District of Columbia on Friday remanded a rule that would have limited positions on derivatives for 28 commodities, saying that the US Commodity Futures Trading Commission (CFTC) must resolve ambiguities to determine if it has authority to make the rule. ...[read more]
April 3, 2012
by Hillary Stemple
The US Commodity Futures Trading Commission (CFTC) on Monday filed charges in the US District Court for the Southern District of New York against the Royal Bank of Canada (RBC) alleging that the bank was involved in an illegal futures trading scheme known as "wash trading" from 2007-2010. Under ...[read more]
December 4, 2011
by Maureen Cosgrove
Wall Street organizations International Swaps and Derivatives Association (ISDA) and Securities Industry and Financial Markets Association (SIFMA) on Friday filed a lawsuit challenging a regulation implemented by the Commodity Futures Trading Commission (CFTC) that limits speculative trading. The ...[read more]
July 17, 2009
by Christian Ehret
Finance expert William Brodsky on Friday called for the merger of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Brodsky and others testified before the US House of Representatives Committee on Financial Services to discuss Obama administration ...[read more]
July 8, 2009
by Andrew Morgan
The US Commodity Futures Trading Commission (CFTC) on Tuesday announced plans to hold a public hearing on a series of regulatory reforms aimed at curbing excessive speculation in energy commodity markets. CFTC Chairman Gary Gensler said that the different regulatory treatment given to agriculture ...[read more]
July 25, 2008
by Deirdre Jurand
The US Commodity Futures Trading Commission (CFTC) filed a lawsuit Thursday against international trading fund Optiver Holding BV and some of its subsidiaries and employees, alleging that the company manipulated the futures prices of oil and gasoline in violation of the Commodity Exchange Act. ...[read more]
October 25, 2007
by Alexis Unkovic
British Petroleum (BP) will pay approximately $373 million in fines and restitution to settle three separate claims against the corporation, the US Department of Justice (DOJ) said Thursday. BP will pay just over $300 million in criminal penalties and restitution as part of an agreement to defer ...[read more]
May 21, 2007
by Gabriel Haboubi
The US Supreme Court granted certiorari Monday in three cases which will be heard next term. In Klein & Co. v. Board of Trade (06-1265) the court will consider whether futures commission merchants, firms that handle trade on commodities markets, have standing to sue under the private... ...[read more]
November 5, 2006
by Caitlin Price
Turkish Prime Minister Tayyip Erdogan met Sunday with representatives of nearly a dozen non-governmental organizations to discuss possible reforms to the controversial Article 301 of Turkey's penal code, which criminalizes the denigration of Turkishness, the Republic, and the foundation and inst... ...[read more]
June 29, 2006
by Jaime Jansen
The US Commodity Futures Trading Commission (CFTC) filed a civil lawsuit in federal court Wednesday alleging that at least six current and former employees of BP North America manipulated propane prices in 2004 by using BP's dominant market position to increase heating costs in the middle of win... ...[read more]

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