News/Risk management/Exchanges

CFTC pushes for greater oversight

The Commodities Futures Trading Commission (CFTC) has issued a report to Congress recommending that its oversight ability be expanded across electronic trading facilities known as Exempt Commercial Markets (ECMs), which include the electronic…

Bid to close Enron loophole

Legislation aimed at preventing price manipulation and excessive speculation in energy markets has been introduced to the US Senate, writes David Watkins

Bid to close Enron loophole

Legislation aimed at preventing price manipulation and excessive speculation in energy markets has been introduced to the US Senate

“Enron Loophole” will soon be closed: Levin

Senator Carl Levin, who chairs the US Senate's permanent subcommittee on investigations, has said that he will soon introduce legislation that will increase regulatory scrutiny of the over-the-counter (OTC) markets.