In its attempt to investigate and curb natural gas market manipulation, FERC’s encroachment into the purview of the Commodity Futures Trading Commission (CFTC) could lead to jurisdictional conflicts and an onerous burden for market participants, industry leaders told Capitol Hill lawmakers last week.
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Congress Urged to Let CFTC, Not FERC, Regulate Futures Market
In its attempt to investigate and curb natural gas market manipulation, FERC’s encroachment into the purview of the Commodity Futures Trading Commission (CFTC) could lead to jurisdictional conflicts and an onerous burden for market participants, industry leaders told Capitol Hill lawmakers Wednesday.
September 27, 2007
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