Houston-based Asset Risk Management LLC (ARM) was charged with failing to register as a swap execution facility (SEF) and ordered by the Commodity Futures Trading Commission (CFTC) to pay a $200,000 penalty. ARM was ordered to cease and desist from any further violations of the Commodity Exchange Act (CEA) and regulations. “Failing to register as…
Articles from Cftc
The Commodity Futures Trading Commission (CFTC) has charged a former natural gas head trader in Houston with fraudulently mismarking futures and physical trades in order to conceal losses that ultimately cost the commodities-trading company where he worked more than $100 million.
The United States is poised to become one of the largest exporters of liquefied natural gas (LNG) in the next 20 years, sending out as much as 19 Bcf/d by some estimates, thanks to robust production in a post-shale era.
The $8 billion swap dealer de minimis threshold adopted by the Commodity Futures Trading Commission (CFTC) five years ago will remain in place until at least the end of 2019, following a CFTC vote Thursday.
Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo said Wednesday he will request the regulatory agency postpone a decision on the de minimis threshold by a year, effectively delaying implementation until the end of 2018.
The U.S. Commodity Futures Trading Commission (CFTC) will pursue a reform of swaps trading rules “to fix flawed implementation of regulatory reform,” Chairman J. Christopher Giancarlo told a global forum for derivatives markets in Switzerland last week.
Sharon Bowen, who has been a member of the U.S. Commodity Futures Trading Commission (CFTC) since 2014 and whose term isn’t due to expire until June 2019, announced Tuesday that she will resign her position “within the next few months, or perhaps sooner if another nominee is confirmed.”
Two federal regulatory agencies key to the natural gas and oil industry, FERC and the Commodity Futures Trading Commission (CFTC), are seeking double-digit percentage increases to their appropriations in the Trump administration’s $4.1 trillion budget proposal.
President Trump intends to nominate Brian Quintenz, a former head of a Washington-based investment firm, to be a commissioner of the Commodity Futures Trading Commission (CFTC) for the remainder of a five-year term expiring April 13, 2020, the White House said Friday.
Commodities and securities regulation under the Trump administration will be more open to market participants with less “gotcha stuff” to trip them up, speakers at a Houston conference heard last week.