Monthly Archives: April 2011

MarketWatch: USFTC Says Gas up due to Normal Market Action

Posted on April 27, 2011 by Cadwalader

By Tennille Tracy The U.S. Federal Trade Commission, one of the federal agencies involved in the Obama administration’s new investigation of rising gasoline prices, determined just a few days before being named part of the investigation that prices are going … Continue reading →

Posted in Articles, Commodity Trading, FTC

Financial Times: Getting Swap Definitions Right

Posted on April 25, 2011 by Cadwalader

Cadwalader partner Gregory Mocek was quoted today, in the Financial Times online, on how the FTC and CFTC are close to resolving the issue of how to define over-the-counter (OTC) swaps. Gregory said, “Turf battles are generally manufactured by agencies … Continue reading →

Posted in Articles, CFTC, Commodity Trading, Enforcement and Investigations, FTC, Regulation

FERC Orders Trader to Pay $30 Million for Market Manipulation

Posted on April 22, 2011 by Cadwalader

On April 21, 2011, the Federal Energy Regulatory Commission (FERC) ruled that former Amaranth Advisors LLC trader Brian Hunter violated FERC’s Anti-Manipulation Rule and ordered Hunter to pay a $30 million civil penalty. This is the first litigated case involving … Continue reading →

Posted in Enforcement and Investigations, FERC, Regulation

4th Annual Power & Alternative Energy Law Conference, May 12-13 in Houston

Posted on April 15, 2011 by Cadwalader

4th Annual Power & Alternative Energy Law Conference May 12-13, 2011 Hilton Post Oak Hotel Houston, Texas  77056 +1 713 961 9300 Presented by the Institute for Energy Law. Cadwalader is proud to co-sponsor this program of timely presentations and … Continue reading →

Posted in Events

The MiFID Review and What it Means For Commodities

Posted on April 12, 2011 by Cadwalader

The European Commission’s December 2010 consultation paper on wholesale revisions to MiFID has focused on commodities derivatives as an area for regulatory intervention and oversite. The proposals, outlined below, are likely to lead to significant infrastructure  changes for firms that … Continue reading →

Posted in MiFID, Regulation