Report on Corporate Rules Is Assailed
Report on Corporate Rules Is Assailed
Washington Post – group's co-chairman, took pains to say that many of its proposals could be enacted by securities regulators and the President's Working Group on Financial Markets, made up of the leaders of the SEC, Treasury Department and Commodity Futures Trading
LME reveals expansion strategy
MSN MoneyCentral – Minor metals such as cobalt and molybdenum, which are not liquid enough to sustain futures trading, could be incorporated into the OTC platform, Mr Abbott added."Other exchanges have seen their OTC business overtake their underlying business in about
South Sound enterprises
Olympian – ordered to pay $33 million PORTLAND – A former currency trader convicted of defrauding hundreds of investors has been ordered to pay more than $33 million in one of the largest fines against an individual sued by the U.S. Commodity Futures Trading
Corn Soars to 10-Year High as Stockpiles Fall on Record Demand for
Bloomberg – Commodity Futures Trading Commission that the contracts will also be available in the U.S. “This is certainly not about taking business away from Nybot,''Ian Dudden, director of commodity products at Euronext.liffe in London, said in a
Oil rises above $53 on fears of further OPEC cuts
Reuters South Africa – Commodity Futures Trading Commission data on Friday showed that speculators on the New York Mercantile Exchange shifted to a net short position for crude oil in the week ended January 10. It was the first time speculators were net short on crude since
GLOBAL MARKETS-Stocks finish year strong, but bonds fall
Reuters – Markets will be shuttered on Monday in observance of New Year's Day, while stock and energy futures trading will be suspended on Tuesday as well to honor former President Gerald Ford, who died earlier this week. Yields on government bonds rose over
Ex-Currency Trader Ordered to Pay $33M
MSN MoneyCentral – PORTLAND, Ore. (AP) – A former currency trader convicted of defrauding hundreds of investors has been ordered to pay more than $33 million in one of the largest fines against an individual sued by the U.S. Commodity Futures Trading Commission
Europe Seeks Cuts in Dutch, Belgian Emission Plans (Update4)
Bloomberg – Jan. 16 (Bloomberg) — The European Union said two of its member governments should grant fewer permits to release carbon dioxide into the atmosphere starting next year to help prevent a surplus of the allowances through 2012. The Netherlands should
Browne censured by US safety panel
Guardian Unlimited – A civil inquiry has also been instigated by the US environmental protection agency. Another regulator, the commodities futures trading commission, has filed civil complaints over allegations that BP manipulated the propane market in 2004. It is also
Fancy talk for lying and altering the rules
Fort Lauderdale Sun-Sentinel – Separately, at least 15 area firms were on the wrong side of enforcement actions by the Commodity Futures Trading Commission, which regulates U.S. commodities futures and options markets. Most of the firms were accused in civil suits by the CFTC of
