Articles About Commodity Futures Trading Commission
- Author:
- James I. Clark III
- Posted:
- 05.21.2012
JP Morgan Chase’s $2 Billion Loss Under Investigation
As the Department of Justice and the FBI open their investigation into how JP Morgan Chase lost $2 billion, the government is investigating to determine if any criminal wrongdoing occurred. The inquiry is in the preliminary stages. Additionally, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), which regulates derivatives trading, […]
- Author:
- James I. Clark III
- Posted:
- 02.01.2012
CFTC Gives Tentative Green Light to Volcker Rule
The federal Commodity Futures Trading Commission (CFTC) proposed limiting banks’ proprietary trading and hedge fund investments under the Dodd-Frank Act’s Volcker rule. The CFTC 3-2 vote makes it the last of five regulators to seek public comment on the proposal. This vote opens the measure to 60 days of public comment. The rule, named for […]
- Author:
- James I. Clark III
- Posted:
- 02.09.2011
Dodd-Frank Bill Collides Head On With Deficit Realities
Implementation of the historic Dodd-Frank bill – which President Barack Obama signed into law last July to regulate Wall Street against the excesses that led to the Great Recession — is in danger of being gutted if Republicans’ proposed deep spending cuts become a reality. Representative Barney Frank (D-MA) pointedly criticized Republicans’ proposal to slash […]
- Author:
- James I. Clark III
- Posted:
- 01.20.2011
Republicans May Underfund Dodd-Frank Implementation
President Barack Obama’s crackdown on Wall Street excesses could be hampered if the incoming Republican-controlled Congress refuses to fund two crucial regulatory agencies. The Dodd-Frank financial reform law – passed with heavy Democratic support – promised a generous budget to regulate the $600 trillion over-the-counter derivatives market. Now, the law’s implementation may be derailed by […]