CFTC Chairman Timothy Massad is continuing a push to review rules put in place by the previous administration run by Gary Gensler.
A rally in oil prices that has pushed WTI spot levels above US$60 has drawn a spate of hedging activity as producers look to lock in 2016 cashflows.
The CFTC has softened two proposed rules governing commodity derivative markets in an effort to ease the burden of Dodd-Frank reforms on US corporate users.
The US Commodity Futures Trading Commission (CFTC) has agreed to ease two proposed rules governing commodity derivative markets in an effort to alleviate the burden of Dodd-Frank reforms on corporations that are frequent users of commodity derivatives.
Allegations of fraud and manipulative trading by Kraft Foods in derivatives markets are garnering attention beyond the fact that a household name has suddenly been thrust into a doghouse normally reserved for the world’s largest banks.