IntercontinentalExchange fuels regulation debate
Regulation of US over-the-counter energy derivatives trading is once again in the spotlight on Capitol Hill, following renewed calls for an overhaul. "Due to the changes in the market-place, non-regulation of certain exempt commercial markets can no longer be justified," said James Newsome, president and chief executive of the New York Mercantile Exchange (Nymex), during a September 26 House of Representatives agriculture subcommittee hearing on the contentious issue of energy trading regulation
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