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U.S. House Panel to Vote on Swaps Regulator Mandate

By Douwe Miedema
Published April 8, 2014 Reuters

U.S. lawmakers on Monday launched a bill to rewrite the rules of of the Commodity Futures Trading Commission (CFTC), giving more leeway to smaller players in the derivative markets it oversees.

The agency became one of the most prolific reformers of Wall Street after the financial crisis under its previous chairman, Gary Gensler, who was frequently criticised by some in the financial industry for his hard-nosed style and sometimes-hasty adoption of new rules.

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CFTC May Propose Futures Block-Trading Limits, Commissioner Says

By Neil Roland
Published March 27, 2014 mLex

US regulators may revive a futures block-trading plan similar to one drafted last year by Gary Gensler, then chairman of the Commodity Futures Trading Commission.

The CFTC is considering proposing stricter limits on futures block trading than those now being set by futures exchanges, Commissioner Scott O’Malia said. 

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Commissioners Attack CFTC's No-Action Letters

By Peter Madigan
Published March 14, 2014 Risk

Current and former commissioners of the Commodity Futures Trading Commission (CFTC) have denounced the agency’s use of no-action letters and staff guidance under the reign of former chairman Gary Gensler, claiming the various exemptions and exclusions papered over cracks in the regulator’s Dodd-Frank Act rules and cut commissioners out of the rule-making process.

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CFTC Nominees on Track for Confirmation

By Peter Schroeder
Published March 7, 2014 The Hill

The Commodity Futures Trading Commission appears poised to refill its ranks, as a trio of nominees faced no discernable opposition at a confirmation hearing Thursday.

Among those looking to join the Wall Street regulator, is Timothy Massad, a former top Treasury official tapped to lead the agency after the exit of its former head, Gary Gensler.

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CFTC-Ferc Deal Leaves Enforcement Question Unanswered

By Alexander Osipovich
Published January 9, 2014 Energy Risk

A recent deal between the US Commodity Futures Trading Commission (CFTC) and the Federal Energy Regulatory Commission (Ferc) has failed to address a key question on the minds of many energy traders – namely, which of the two agencies will be the primary enforcer of market manipulation rules.

On January 2, the CFTC and Ferc announced they had signed two memorandums of understanding (MOUs) on procedures for sharing information and resolving jurisdictional conflicts between the two agencies, more than three years after they had been required to reach such agreements by the US Dodd-Frank Act.

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One to Watch in 2014: New CFTC Chairman Tim Massad

By Luke Jeffs
Published January 7, 2014 FOW Intelligence

The imminent appointment of Tim Massad as the chariman of the Commodity Futures Trading Commission to replace Gary Gensler comes at a crucial time for the emboldened US futures regulator.

No one would dispute the Commission has transformed under Gensler's leadership.

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Regulator of Wall Street Loses Its Hard-Charging Chairman

By Ben Protess
Published January 2, 2014 NYT DealBook

Gary Gensler squeezed into a Washington auditorium last month, mingling with the 300 guests at his farewell party and basking in the attention as a who’s who of finance recounted his campaign to rein in Wall Street risk-taking.

Treasury Secretary Jacob J. Lew, for one, described the chairman of the Commodity Futures Trading Commission as one of the leading reformers after the financial crisis, according to people who attended the event. Mark Wetjen, a commissioner at the agency who occasionally sparred with Mr. Gensler, remarked that a mutual friend was fond of calling him “a force of nature,” a depiction that elicited knowing nods from a crowd that included Ben S. Bernanke, the departing head of the Federal Reserve, and Jeffrey C. Sprecher, whose company owns the New York Stock Exchange.

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Gary Gensler Defends Record as He Leaves CFTC

By Gina Chon
Published December 30, 2013 Financial Times

Gary Gensler is regarded by some as one of the toughest regulatory cops policing Wall Street.

Over the past five years, the former Goldman Sachs banker helped transform a sleepy Commodity Futures Trading Commission into a more powerful regulatory force.

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CFTC's Gensler Says Regulators Reached 'Right Balance' on Rules

By Cheyenne Hopkins
Published December 30, 2013 Bloomberg

U.S. regulators’ Dodd-Frank rules properly balance Wall Street’s pursuit of profits with the public’s need for a stable financial system, said outgoing Commodity Futures Trading Commission Chairman Gary Gensler.

“We struck the right balance but we live in a great Democracy and as we move from Congress to the rule-writing agencies some inevitably do end up in the courts,” Gensler said in a Bloomberg Television interview for broadcast today. “We think we struck the right balance and particularly on the cross-border rules.”

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Gary Gensler Highlights Transparency in Swaps

By Evan Peterson
Published December 26, 2013 Open Markets

At the Global Financial Leadership Conference (GFLC) in November, outgoing CFTC Chairman Gary Gensler spoke to attendees for 30 minutes about the transparency that has come to financial markets, particulartly swaps, in the wake of new regulation. Among other reforms under his tenure at the CFTC, he highlighted the recent launch of weekly publishing of swaps data:

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