In an August 1, 2016 letter to the Commodity Futures Trading Commission (CFTC) and the Environmental Protection Agency (EPA), the Renewable Fuels Association (RFA) called for an investigation into Renewable Identification Number (RIN) trading and recent increases in RIN prices. RINs are the currency used for compliance with EPA’s Renewable Volume Obligations under the Renewable
On March 15, 2016, the United States Environmental Protection Agency (EPA) and the Commodity Futures Trading Commission (CFTC) signed a memorandum of understanding (MOU) on the “Sharing of Information Available to EPA Related to the Functioning of Renewable Fuel and Related Markets.” The MOU purports to respond to widespread concerns about fraud in the Renewable
On 2 January 2014 the Federal Energy Regulatory Commission (FERC) and the Commodity Futures Trading Commission (CFTC) signed two memoranda of understanding (MOUs), as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. The two MOUs provide guidelines for the two agencies to share information related to energy markets. The purpose of the
For the energy regulatory agencies, the effects of the shutdown have been mixed to date, but they will become more pronounced if the impasse lasts much longer.
CFTC Commissioner Scott D. O’Malia recently released a copy of the agency’s draft rulemaking schedule for 2012 (below and available here).
In a long-awaited decision, federal commodity and securities regulators approved final rules providing definitions for several key terms under the Dodd-Frank Wall Street Reform and Consumer Protection Act. In particular, the CFTC voted 4-1 and the SEC voted unanimously to adopt rules defining “swap dealer,” “security-based swap dealer,” “major swap participant,” “major security-based swap participant,” and “eligible