In an effort to develop a public forum to examine emerging issues related to the energy markets and the Commodity Futures Trading Commission's (CFTC) role in these markets under the Commodity Exchange Act, the CFTC said it has put together a 25-person Energy Markets Advisory Committee (EMAC) from people within the oil, natural gas and power industry, with CFTC Acting Chairman Walter L. Lukken as the committee chairman.
"In these historic times for the markets, I am pleased to have such a diverse and knowledgeable group of energy industry participants to assist the commission in its role in policing the energy markets," said Lukken. The first EMAC meeting is scheduled for June 10 and the CFTC said more details will be released in the future.
The committee members are Bob Anderson from the Committee of Chief Risk Officers; Laura Campbell of Memphis Light, Gas & Water; Donald Casturo of Goldman Sachs Group Inc.; Paul Cicio of Industrial Energy Consumers of America; Bo Collins of 1.618 Group LLC; Sean Cota of Cota & Cota Oil & Propane; Kevin Fox of D.E. Shaw & Co., LP; John P. Heimlich of the Air Transport Association; R. Skip Horvath of the Natural Gas Supply Association; Brian Kelly of Colonial Energy Inc.; Anthony Mansfield of Heller Ehrman LLP, as a representative of Shell Trading (US) Co.; William McCoy of Morgan Stanley; James Newsome of the New york Mercantile Exchange; Ron Oppenheimer of Merrill Lynch Commodities Inc.; Paul Pantano of McDermott, Will & Emery, as a representative of the Futures Industry Association; Satu Parikh of Lehman Brothers Inc.; Robert Pickel of ISDA; Dr. Craig Pirrong of the Bauer College of Business, University of Houston; Michael Prokop of Amerex Brokers LLC; Richard Sandor of Chicago Climate Exchange Inc.; John Shelk of the Electric Power Supply Association; Foster Smith of JPMorgan Chase; Jeffrey Sprecher of IntercontinentalExchange; Mark Stainton of Citadel Investment Group LLC; and Don Whittaker of the American Petroleum Institute.
In addition to the representative members, the CFTC said it has also invited officials from the Congressional Research Service, the Department of Energy, the Federal Energy Regulatory Commission and the Federal Trade Commission to participate as official observers.
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