CFTC Extends No-Action Relief for Swaps Executed as Part of Certain Package...
On October 14, 2015, the Division of Market Oversight (“DMO”) for the U.S. Commodity Futures Trading Commission (“CFTC”) issued an additional extension of no-action relief for swaps executed as part of...
View Article2015 FERC Enforcement Report Confirms Increase in Enforcement and Audit...
The Federal Energy Regulatory Commission’s (“FERC”) Office of Enforcement (“Enforcement”) issued its 2015 Report on Enforcement (“Report”) on November 19, 2015. The Report summarizes FERC’s enforcement...
View ArticleCFTC Adopts Margin Requirements for Uncleared Swaps
Wednesday, the Commodity Futures Trading Commission (“CFTC”) held an open meeting at which it voted to adopt final rules (the “CFTC Margin Rules”) governing margin requirements for uncleared swaps...
View ArticleNew Year, New Market-Based Rates Regulatory Regime
The new year has brought U.S. electricity markets participants an overhauled regulatory regime for market-based rates under section 205 of the Federal Power Act. The Federal Energy Regulatory...
View ArticleCFTC Proposes Amendment to RTO-ISO Order
On May 10, 2016, the Commodity Futures Trading Commission (“CFTC”) proposed an amendment (“Proposed Amendment”) to an order it issued on March 28, 2013 (“RTO-ISO Order”), exempting certain electric...
View ArticleCFTC Unanimously Approves Supplemental Proposal on Position Limits
On May 26, 2016, the Commodity Futures Trading Commission (“CFTC”) unanimously approved a proposed supplement (“Supplemental Proposal”) to its December 2013 proposal to establish position limits on...
View ArticleCFTC Holds Roundtable to Consider Proposed Regulation AT
On June 10, 2016, Staff for the Commodity Futures Trading Commission (“CFTC”) held a public roundtable to discuss its proposed Regulation Automated Trading (“Regulation AT”). The CFTC proposed...
View ArticleFERC Increases Maximum Civil Monetary Penalties for Power, Gas and Oil Companies
On June 29, 2016, the Federal Energy Regulatory Commission (the “Commission”) issued an interim final rule amending the civil monetary penalties within its jurisdiction to adjust for inflation. FERC...
View ArticleCFTC Issues $560,000 Penalty for Inaccurate Large Trader Reporting of Swaps
On July 6, 2016, the Commodity Futures Trading Commission (“CFTC” or the “Commission”) fined Barclays Bank PLC (“Barclays”) $560,000 for inaccurate large trader reporting of swaps positions. This is...
View ArticleCFTC Extends No-Action Relief for Swaps Executed as Part of Certain Package...
On October 14, 2015, the Division of Market Oversight (“DMO”) for the U.S. Commodity Futures Trading Commission (“CFTC”) issued an additional extension of no-action relief for swaps executed as part of...
View Article2015 FERC Enforcement Report Confirms Increase in Enforcement and Audit...
The Federal Energy Regulatory Commission’s (“FERC”) Office of Enforcement (“Enforcement”) issued its 2015 Report on Enforcement (“Report”) on November 19, 2015. The Report summarizes FERC’s enforcement...
View ArticleCFTC Adopts Margin Requirements for Uncleared Swaps
Wednesday, the Commodity Futures Trading Commission (“CFTC”) held an open meeting at which it voted to adopt final rules (the “CFTC Margin Rules”) governing margin requirements for uncleared swaps...
View ArticleNew Year, New Market-Based Rates Regulatory Regime
The new year has brought U.S. electricity markets participants an overhauled regulatory regime for market-based rates under section 205 of the Federal Power Act. The Federal Energy Regulatory...
View ArticleCFTC Proposes Amendment to RTO-ISO Order
On May 10, 2016, the Commodity Futures Trading Commission (“CFTC”) proposed an amendment (“Proposed Amendment”) to an order it issued on March 28, 2013 (“RTO-ISO Order”), exempting certain electric...
View ArticleCFTC Unanimously Approves Supplemental Proposal on Position Limits
On May 26, 2016, the Commodity Futures Trading Commission (“CFTC”) unanimously approved a proposed supplement (“Supplemental Proposal”) to its December 2013 proposal to establish position limits on...
View ArticleCFTC Holds Roundtable to Consider Proposed Regulation AT
On June 10, 2016, Staff for the Commodity Futures Trading Commission (“CFTC”) held a public roundtable to discuss its proposed Regulation Automated Trading (“Regulation AT”). The CFTC proposed...
View ArticleFERC Increases Maximum Civil Monetary Penalties for Power, Gas and Oil Companies
On June 29, 2016, the Federal Energy Regulatory Commission (the “Commission”) issued an interim final rule amending the civil monetary penalties within its jurisdiction to adjust for inflation. FERC...
View ArticleCFTC Issues $560,000 Penalty for Inaccurate Large Trader Reporting of Swaps
On July 6, 2016, the Commodity Futures Trading Commission (“CFTC” or the “Commission”) fined Barclays Bank PLC (“Barclays”) $560,000 for inaccurate large trader reporting of swaps positions. This is...
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