Regulators should oversee OTC trades, says research firm
A new study* by research and analysis firm Cambridge Energy Research Associates says all energy markets – including over-the-counter (OTC) trading – should come under the oversight of the Commodity Futures Trading Commission (CFTC), the federal body that regulates US futures trades.
The recommendation is part of 12 policy and structural changes that Cera says are needed to move the US electricity sector beyond its current crisis of confidence and restore trust in deregulated markets.
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