Umbrella

In order to bring commodities under the same regulatory umbrella as financial securities, Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler said last Wednesday he wants Congress in its financial regulatory reform legislation to install firewalls and block insider trading.

In order to bring commodities under the same regulatory umbrella as financial securities, Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler said Wednesday he wants Congress in its financial regulatory reform legislation to install firewalls and block insider trading.

In order to bring commodities under the same regulatory umbrella as financial securities, Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler said Wednesday he wants Congress in its financial regulatory reform legislation to install firewalls and block insider trading.

Pulling energy professional resources provider Skipping Stone out from under the Commerce Energy umbrella, Skipping Stone President Greg Lander and founder Peter Weigand have partnered to acquire the company for an undisclosed sum. Founded by Weigand in 1996, Skipping Stone will continue to focus on the energy industry. The partners are expanding the company’s existing consulting service offerings to add interim management and contract resources, as well as executive search services. “We are pleased with the transaction and believe it results in Skipping Stone being better positioned to serve its clients by returning to its original focus of providing clients with seasoned energy industry veterans to help develop and evaluate strategic alternatives, pursue opportunities and solve problems,” said Lander. The purchase included all of the assets, intellectual property, client contracts and the operational and consulting personnel. Included in the assets is Capacity Center, www.capacitycenter.com, a wholly owned subsidiary that provides interstate gas pipeline capacity release transactions and other capacity and operational information to physical and financial trading companies and the Federal Energy Regulatory Commission. Skipping Stone’s headquarters are in Boston with additional locations in Chicago, Houston, Tampa and Orange County, CA. The company has more than 200 clients worldwide in the natural gas, electricity, renewable energy, software and clean energy technology markets.