CFTC, FERC and Banking Agency Oversight of OTC Energy Markets and Participants: Recent Developments Affecting Financial Institutions
October 3, 2007
Participants in the financial derivatives markets for natural gas, power, crude oil and other energy commodities face increasing regulatory surveillance and oversight by federal regulators. The Commodity Futures Trading Commission has demonstrated its intent and authority to police energy trading in over-the-counter physical and financial markets. The Federal Energy Regulatory Commission now has authority to prohibit and punish manipulation in natural gas and power markets by "any entity" including "any person or form of organization, regardless of its legal status, function or activities." Banking regulators, including the Federal Reserve Board, have jurisdiction over the involvement of the growing number of banking institutions in these markets.
Please join us to discuss what financial institutions need to know about developments in this area, including:
Slides Only (PDF)
You have no pages selected. Please select pages to email then resubmit.