The Commodity Futures Trading Commission’s Energy Markets Advisory Committee (EMAC) held its first meeting on June 10. The EMAC was created as part of the CFTC’s broader effort to enhance transparency and oversight with respect to energy markets and includes representatives from various energy industry participants. At the meeting, the CFTC’s Division of Market Oversight presented an update on energy markets and discussed the CFTC’s recently announced energy market initiatives, including its ongoing national crude oil investigation and its plans to enhance monitoring of index trading activity in the energy markets.

http://www.cftc.gov/newsroom/generalpressreleases/2008/pr5507-08.html.