je.st
news
Tag: cftc
Congress Needs to Reauthorize the CFTC
2015-05-14 16:01:08| National Farmers Union
By Zack Clark, government relations representative, National Farmers Union It is a well-known fact that farming is a risky endeavor. General risk and uncertainty, be it weather or volatile price fluctuations, can wreak havoc on a farms financial wellbeing. A range of risk management tools aids producers in mitigating the impacts of uncontrollable events. One
Tags: congress
cftc
reauthorize
Kraft Foods defrauded $5.4 million from wheat market traders, CFTC alleges
2015-04-27 08:06:06| Food - Topix.net
The U.S. Commodity Futures Trading Commission has filed a lawsuit against Kraft Foods Group and Mondelez Global, alleging that the companies engaged in price manipulation of wheat and wheat futures. The lawsuit concerns activities that took place in 2011, before the now-defunct company Kraft Foods Inc. split into two separate companies: Kraft Foods Group and Mondelez Global .
Tags: market
million
foods
kraft
Kraft Foods, Mondelez Accused by CFTC of Wheat Manipulation
2015-04-02 03:22:38| Food - Topix.net
In 2011, traders at the formerly-combined companies made a "huge" bet in the futures market that wheat prices would rise, the Commodity Futures Trading Commission said in a lawsuit filed Wednesday in federal court in Illinois. The purpose of the trade was to entice sellers to lower wheat prices in the cash market, according to the CFTC.
Tags: foods
kraft
manipulation
accused
CFTC Fines Summit Energy Services, Inc. for Violating CTA...
2015-02-05 20:09:29| Energy - Topix.net
On January 16, the Commodity Futures Trading Commission issued a settlement order requiring Summit Energy Services, Inc. to pay a $140,000 civil monetary penalty for acting as an unregistered commodity trading advisor ,1 in violation of Section 4m of the Commodity Exchange Act .
Tags: services
energy
fines
summit
Exclusive - Southwest's oil swap trade waiver raises CFTC questions
2014-12-21 20:52:11| Airlines - Topix.net
Last month's move by the U.S. commodities regulator to let Southwest Airlines Co keep its multibillion-dollar oil trades secret for 15 days offered the world's biggest low-cost carrier a break it has been seeking for three years. However, the decision to grant the airline an exemption from rules calling for greater derivatives transparency raised concerns about its market impact and sparked a debate among regulators, according to people familiar with the approval process.
Tags: questions
trade
oil
exclusive