Leverage, Inaccessibility for Smaller Traders, and Offshore Threat are Focus of Public Comments As we’ve discussed in related posts, the CFTC has proposed rules regulating the off-exchange spot forex industry (see Retail FOREX Registration Regulations Proposed). The CFTC has requested comments from the public and there are currently about 100 public comments [...]
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Posts Tagged ‘ CFTC regulation ’
9 June
Posted in
Commodities and Futures
NFA Takes Regulatory Aim at Spot Commodities Markets
Asks Congress to Increase Scope of Regulation for CFTC and NFA Last week various employees of the CFTC and the NFA talked with members of Congress regarding certain aspects of the markets regulated by these groups. Below is testimony from the Chief Operating Officer of the NFA, Daniel Discroll. In [...]
9 June
CFTC Proposes Reforms to Over-The-Counter Derivates Trading Regulation
Statement of Gary Gensler Chairman, Commodity Futures Trading Commission On June 4th, 2009, Gary Gensler, Chairman of the Commodity Futures Trading Commission, held a hearing before the Senate Committee on Agriculture, Nutrition and Forestry to address the importance of enacting broad reforms to regulate over-the-counter (OTC) derivates. Gensler emphasized that [...]