Commodities/Regulation
A divided CFTC approves new commodities position limit rules
"The pursuit by industry of legitimate and appropriate risk management is now made unduly onerous," says CFTC commissioner Scott O'Malia
Energy Risk Europe: energy trading firms' technology not ready for new rules
Many energy trading firms have yet to begin getting the technological infrastructure in place to comply with new EU and US financial market regulations, say panellists
Energy Risk Europe: regulators need to differentiate between banks and non-banks
Regulators should be wary about applying financial market regulation to all end-users, warn panellists
Airlines face 82-million tonne shortfall of carbon allowances in 2012
The commercial airline sector will have to buy 82 million tonnes of carbon allowances next year in addition to free allowances, according to an aviation consultancy
US power transmission rule satisfies the market, for now
Ferc’s new interstate transmission rule addresses regional planning and cost allocation concerns, but there could be more controversy to come. Pauline McCallion reports
US power bodies call for clarity on Dodd-Frank “swap” definition
More guidance is needed from the CFTC on the definition of a swap, according to Ferc and other industry associations concerned about regulatory overlap
FERC requirements “burdensome & potentially misleading”
A move to boost the electricity market’s transparency through additional data reporting has drawn criticism and raised questions about the FERC’s focus. Pauline McCallion reports
Fears mount over political interference in commodities
Many commodity traders are worried about potential political interference in markets and prices as France’s Nicolas Sarkozy and US President Barack Obama call for regulation of the sector.
CFTC position limits: GFI's Cosgrove
Michael Cosgrove of GFI Energy talks position limits, real-time reporting and collateral posting
CFTC to provide Dodd-Frank deadline exemptions today
Dodd-Frank deadline exemptions should limit market disruption, but more clarity on rules and timings needed, says CFTC commissioner Scott O’Malia
Position limits will feed risk into real economy, say energy companies
Energy market participants have expressed doubt that European position limits proposals will achieve reductions in market volatility, and warned of unintended consequences for end-users' risk management
US energy speculation investigation begins anew
US oil & gas price fraud committee to probe trader and investor activity
Gas groups rethink regulatory issues
Global co-ordination needed between gas regulators and operators; international group to report on infrastructure and environment in 2012
The controversy over position limits
Compromising positions
US oil spill report recommends risk management changes
Presidential commission suggests reforms to address oil sector risk management after BP Gulf of Mexico spill investigation
Regulators focus on physical and financial market links
Regulators focus on physical and financial market links
Proprietary trading conundrum
Dividing lines
US: FERC renewables plan causes concern
Wind sector seeks equal treatment from FERC rules
Sponsored Q&A: Standard Bank
Building on lessons learned
Energy players voice concerns over Dodd-Frank timeline
US market participants say Dodd-Frank reforms should be phased in, foresee uncertainty and potential market disruption post-implementation
Reinstatement of sugar futures will spur volumes and hedging
Experts say the removal of the ban on Indian sugar futures trading will spur volumes and is an important step towards reducing government control on its commodity futures market
New methodology to address 'dearth' of forestry offsets
Methodology should increase supply, developer says, providing end-users with high-quality carbon offsets
US legislators try new tack for energy bill
RES bill should boost renewable energy development and RECs trading but is unlikely to pass this year
Experts doubt impact from environmental study on gas prices
The US EPA continues hydraulic fracturing investigation but experts predict negligible effect on near-term natural gas prices