Carl

Sens. Carl Levin (D-MI) and Susan Collins (R-ME) Monday introduced bipartisan legislation to give federal financial regulators immediate authority to regulate trillions of dollars in swap transactions that continue to be marketed and traded in the United States under the radar of government oversight.

Carl T. Johnson has been sworn in as the second administrator of the Department of Transportation’s (DOT) Pipeline and Hazardous Materials Safety Administration, which oversees the safety of natural gas and hazardous materials pipelines. He was confirmed by the U.S. Senate in December. Prior to the DOT, Johnson was president of the Compressed Gas Association, served as special assistant to former Rep. Amory Houghton (R-NY) and was director of federal government relations at Corning Glass Works. He received his bachelor’s degree from Cornell University and his master’s degree from George Washington University.

Sen. Carl Levin (D-MI) last Monday said he and several other senators are drafting legislation to be debated in the fall that would subject unregulated electronic energy trading platforms, such as Atlanta-based IntercontinentalExchange (ICE), to the oversight of the Commodity Futures Trading Commission (CFTC). The CFTC also announced that it will hold a September hearing to review its level of regulation in energy markets.

Sen. Carl Levin (D-MI) Monday said he and several other senators are drafting legislation to be debated in the fall that would subject all currently unregulated electronic energy trading platforms, such as Atlanta-based IntercontinentalExchange (ICE), to the oversight of the Commodity Futures Trading Commission (CFTC).

Well-known shareholder activist Carl Icahn, who has made a run on energy companies to improve their performance — and their stock prices — purchased about 3.1 million shares of Anadarko Petroleum Corp., a stake worth an estimated $133.4 million on March 31, according to a regulatory filing with the Securities and Exchange Commission (SEC).

Investor Carl Icahn, a well-known “shareholder activist,” has purchased about 3.1 million shares in Anadarko Petroleum Corp., a stake worth an estimated $133.4 million on March 31, according to a regulatory filing with the Securities and Exchange Commission (SEC).

U.S. Sens Dianne Feinstein (D-CA), Olympia Snowe (R-ME), Carl Levin (D-MI) and Maria Cantwell (D-WA) announced plans last week to introduce the Oil and Gas Traders Oversight Act, which would require companies that trade in the electronic over-the-counter (OTC) energy trading business to keep records for five years on large trading positions and report those positions to the Commodity Futures Trading Commission (CFTC) or the Justice Department upon request.

U.S. Sens Dianne Feinstein (D-CA), Olympia Snowe (R-ME), Carl Levin (D-MI) and Maria Cantwell (D-WA) announced plans Tuesday to introduce the Oil and Gas Traders Oversight Act, which would require companies that trade in the electronic over-the-counter (OTC) energy trading business to keep records for five years on large trading positions and report those positions to the Commodity Futures Trading Commission (CFTC) or the Justice Department upon request.

Financier Carl Icahn and his investor coalition have dropped their push to gain two seats on Kerr-McGee Corp.’s board of directors, according to a regulatory filing with the Securities and Exchange Commission.