Head

The head of the Commodity Futures Trading Commission (CFTC) told Congress Tuesday that it and the Securities and Exchange Commission (SEC) are close to issuing a final rule further defining the terms “swap” and “securities-based swap,” which would trigger a rule establishing limits on speculative positions in the futures and swaps markets.

Speaking at the City Club of Cleveland last Friday, the head of the American Petroleum Institute (API) said the state of Ohio is experiencing an energy “rebirth” as a result of the surge in shale gas development and that it could be a game changer for jobs and economic growth in the state.

Speaking at the Offshore Technology Conference last week in Houston, the head of the Department of Interior’s Bureau of Safety and Environmental Enforcement (BSEE) outlined the “next generation of regulations” for the Outer Continental Shelf that the agency plans to tackle in the upcoming year.

Al Armendariz, the head of the Environmental Protection Agency’s (EPA) Dallas office, resigned last Monday following public outcry over his remarks supporting a “crucify them” approach to enforcement of the oil and natural gas industry.

Speaking at the Offshore Technology Conference in Houston, the head of the Department of Interior’s Bureau of Safety and Environmental Enforcement (BSEE) outlined the “next generation of regulations” that the agency plans to tackle during the upcoming year for the Outer Continental Shelf (OCC).

Al Armendariz, the head of the Environmental Protection Agency’s (EPA) Dallas office, resigned Monday following public outcry over his remarks supporting a “crucify them” approach to enforcement of the oil and natural gas industry.

Al Armendariz, the head of the Environmental Protection Agency’s (EPA) Dallas office, resigned Monday following public outcry over his remarks supporting a “crucify them” approach to enforcement of the oil and natural gas industry.

The head of the Commodity Futures Trading Commission (CFTC) last week during a Senate hearing indicated that he would support imposing user fees on futures and swaps traders to help fund the agency, similar to the system used at FERC. And Republican and Democratic senators alike put Gensler in the hot seat, expressing their frustration with the agency’s foot dragging in implementing speculative position limits under the Dodd-Frank Wall Street Reform Act, and the “haphazard” pace of the CFTC’s rulemaking process.

The head of the Commodity Futures Trading Commission (CFTC) Wednesday indicated that he would support the imposition of user fees on traders of futures and swaps to help fund the agency, similar to the system used at FERC.