Broadening

CFTC Votes Out Final Rule on Clearing of Swaps

The Commodity Futures Trading Commission (CFTC) Tuesday voted out a final rule that will “democratize the markets” by broadening access to real-time central clearing, according to Chairman Gary Gensler. The rule is designed to bolster competition in the multi-trillion-dollar swaps market and help commercial customers by providing hedging opportunities with lower risk and volatility.

March 21, 2012

NorthWestern Board Looks at Options in Wake of Black Hills Offer

Broadening its scope in the wake of a pending offer from neighboring South Dakota-based Black Hills Corp., NorthWestern Corp.’s board of directors met Tuesday to “consider potential strategic alternatives to maximize stockholder value,” the company said in a formal announcement. It confirmed that the potential $1.25 billion Black Hills offer was among the alternatives being examined (see Daily GPI, Nov. 29).

December 7, 2005

FERC’s Plan to Pattern Anti-Manipulation Rule After SEC Regulation Raises Red Flags

The Federal Energy Regulatory Commission’s proposed rule aimed at broadening its anti-manipulation reach in energy markets has raised red flags in both the natural gas and electricity industries.

November 23, 2005

FERC Takes Steps to Broaden Anti-Manipulation Reach in Gas, Electric Markets

In two separate orders implementing provisions of the energy policy act, FERC on Thursday proposed actions aimed at broadening its anti-manipulation reach in the natural gas and electricity markets and outlining its policy for assessing civil penalties. In a third order, the agency proposed a rule giving energy companies the right to challenge the findings of staff operational audits before a final order is issued.

October 21, 2005