CFTC shift pre-empts legislation


The IntercontinentalExchange (Ice), an Atlanta-based over-the-counter energy and commodities electronic trading platform, has been forced to begin supplying large trader reports to the Commodity Futures Trading Commission (CFTC). The previous lack of regular disclosure had been a major focus of politicians and industry groups that had long claimed the regulator was not exercising its power to demand disclosure, and was consequently ill-equipped to detect market manipulation in the over-the-c