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Sunday, November 22, 
2:14 pm

Entries tagged "CFTC"

Regulators want tougher derivatives regulation

Regulators want to tighten up legislation to rein in derivatives trading.


SEC, CFTC to play nice with each other

Securities regulators are taking seriously an Obama administration request to put aside turf battles and work together.


Frank, Peterson talk derivatives legislation

House panels offer thoughts on how to move derivatives legislation after Congress' summer break.


Why green shoots are bad for financial regulation

This isn't the Great Depression. This isn't 1932. True, it's still early -- Treasury has just begun sending proposals up Pennsylvania Avenue -- and we could take another sickening descent into chaos, but all the evidence of incremental reform are there.


Obama builds team to reform SEC, CFTC

As investors lose confidence in the government's financial watchdogs, President-elect Barack Obama named Mary Schapiro to head the Securities and Exchange Commission, Gary Gensler as head of the Commodity Futures Trading Commission and Daniel Tarullo to the Federal Reserve Board. ...


Who may lead the 'new' SEC

The Securities and Exchange Commission will be a key regulator as Washington continues to restructure itself in response to the expanding financial crisis. SEC Chairman Christopher Cox has called for a combination of the agency and the Commodities Futures Trading Commission, a key part of Treasury Secretary Henry Paulson's blueprint for regulatory reform. Whether the agencies do combine, it won't be under Cox's watch, as he'll be leaving after President-elect Barack Obama assumes the White House in January. So who might oversee such a change? ...


Cox calls for change on Election Day

As voters go to the polls, the economy and Wall Street's financial problems continue to weigh heavy. So it's no wonder that lame duck Securities and Exchange Commission Chairman Christopher Cox chose Election Day to defend in a Washington Post opinion piece his agency and also urge the next administration to reform the regulatory system. ...


Cox, the SEC and the future of derivatives regulation

Securities and Exchange Commission Chairman Christopher Cox popped his head up this weekend with an op-ed in The New York Times on credit default swaps. On the face of it, there's little there that's objectionable. Cox decries the danger of CDSs, argues for transparency, suggests the creation of a CDS clearinghouse and wants Congress to allow his agency to keep an eye on them. ...


Cox: CDS market needs transparency, regulation

Credit default swaps, the bane of Wall Street these days, should be regulated, said Securities and Exchange Commission Chairman Christopher Cox. Writing in The New York Times on Sunday, Cox called on Washington to pass legislation that would make CDSs more transparent....


Eustace now ordered to pay $300M

Hedge fund founder of Philadelphia Alternative Asset Management Co. LLC. Paul Eustace knows a thing or two about funny accounting tricks. He allegedly was able to miraculously produce profits out of losses but now will be paying the price for convictions on charges that he defrauded commodity pool participants in four pools that he managed. He was ordered by the U.S. Commodity Futures Trading Commission on Aug. 19 to pay more than $279 million in restitution and a $12 million civil penalty as well as receiving a lifetime ban from trading. ...


ICE chief responds to oil allegations

It's day two of three days of hearings on Capitol Hill, where lawmakers from the House Committee on Agriculture are once again rounding up the usual suspects as they look for answers to why the price of oil is surging. ...


Ag panels claim turf over CFTC changes

Adding another round of hearings on fuel prices, the House Agriculture Committee this week will spend three days examining the links between spiking prices and "speculation" by institutional investors. ...



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Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


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Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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