The Commodity Futures Trading Commission (CFTC) has postponed for the second time a vote on a controversial final rule aimed at curbing excessive speculation in the multi-trillion-dollar derivatives market.
Curbing
Articles from Curbing
CFTC Delays Vote on Position Limit Rule — Again
The Commodity Futures Trading Commission (CFTC) has postponed for the second time a vote on a controversial final rule aimed at curbing excessive speculation in the multi-trillion-dollar derivatives market.
Gas Prices, Carbon Constraints Hurt Edison Mission
Depressed wholesale natural gas and power prices, along with the prospects for curbing emissions to meet anticipated future carbon constraints, combined to drive down earnings in the fourth quarter for Edison International’s independent energy unit, Edison Mission Group (EMG), the parent company reported Monday as part of a conference call on its year-end 2008 earnings, which were up 4% over the previous year. Prospects for EMG this year are not much better, according to Edison CEO Ted Craver, speaking to analysts.
House Anti-Speculation Measure Defeated
House Democrats Wednesday failed to get the majority vote needed to move forward with their bill (HR 6604) aimed at curbing excessive speculation in the energy and agriculture markets.
CA Ballot Measure Threatens Energy Infrastructure, Regulators Say
A statewide November California ballot measure aimed at curbing eminent domain powers (Proposition 90) threatens to have “significant impacts” on the California Public Utilities Commission (CPUC) and the private-sector utilities that it regulates, CPUC President Michael Peevey said Thursday during a review of the measure by the regulatory panel’s chief counsel.