Senators say CFTC needs to tighten reins on energy firms

05/20/2013 | Reuters · Hill, The

A group of six senators is concerned that the Commodity Futures Trading Commission is letting certain oil companies slip through the cracks of derivatives rules. BP and Royal Dutch Shell, for example, have not registered as swaps dealers. The senators are asking the CFTC to lower for energy companies the $8 billion threshold of swaps activity to require registering.

View Full Article in:

Reuters · Hill, The

Published in Briefs: