cftc

CFTC 7 Day Trading Pushback

Dan Commodities

The Commodity Futures Trading Commission (CFTC) continues to get a lot of pushbacks on a proposal to expand agricultural futures trade to 24 hours a day, seven days a week. CFTC maintains that a 24-hour, seven-day-a-week trade would make the market more vibrant and reflect the changing dynamics in world trade. They add, though, it is open to a 24-6 …

CFTC Seeks Ag Advisory Committee Nominations

Dan Agri-Business

Commodity Futures Trading Commission (CFTC) seeks nominations for the Agricultural Advisory Committee membership and public input on upcoming priorities. In a Federal Register notice, the CFTC made the request, with a deadline of September 7, 2022. Through public meetings, the committee advises the Commission on agricultural derivatives market regulatory issues and priorities important to producers, processors, consumers, and other stakeholders. …

House Agriculture Committee Approves Bipartisan CFTC Reauthorization

Dan Economy, General, Industry News Release

The House Agriculture Committee approved H.R. 4895, a bill to reauthorize the Commodity Futures Trading Commission (CFTC). Ranking Member K. Michael Conaway (TX-11) and Commodity Exchanges, Energy, and Credit Subcommittee Ranking Member Austin Scott (GA-8) released the following remarks upon passage: “This reauthorization provides the CFTC with the tools it needs to successfully regulate the U.S. derivatives market, safeguard consumers, …

House Passes Commodity End-User Relief Act

Dan Industry News Release

The House passed H.R. 238, the Commodity End-User Relief Act, by a vote of 239-182. H.R. 238 is a bipartisan bill to reauthorize the Commodity Futures Trading Commission (CFTC), make important regulatory reforms, and most importantly to make important statutory changes to protect end-users and give them access to the tools they need to manage their risks. This bill largely …