The U.S. Federal Trade Commission and the U.S. Commodity Futures Trading Commission signed a memorandum of understanding that will facilitate the sharing of non-public information for “official law enforcement purposes,” and increase investigation risks for firms.
If enacted, the proposal would provide novel regulatory authority related to OTC derivatives and other major market participants and repeal many changes that were made through the Commodity Futures Modernization Act of 2000.
The approved settlement agreement resolves the two-year-old anti-manipulation case against the collapsed Amaranth hedge fund.
The CFTC continues the offensive in its jurisdictional dispute with the FERC.
Beyond farmer subsidiesthe Farm Bill carries implications for energy markets and commodities regulation.