Energy firms voice optimism over CFTC's Massad

Industry groups welcome new focus on Dodd-Frank troubleshooting

Timothy Massad - CFTC
Timothy Massad, CFTC

Until quite recently, the US Commodity Futures Trading Commission (CFTC) was the object of fear and loathing among the energy industry's representatives in Washington, DC.

Led by Gary Gensler, who served as the agency's chairman from May 2009 to January 2014, the CFTC was accused of ramming through onerous new regulations to implement the US Dodd-Frank Act with little thought for commercial end-users impacted by the new rules. That includes energy companies, such as oil producers and electric ut