CFTC Commissioner Sharon Bowen presented an approach to improving the governance of CFTC-regulated entities. She criticized firms for concentrating on short-term gains at the expense of long-term profitability, and proposed a number of measures to address this "misaligned focus."
News & Insights
U.S. District Court Judge Beth Bloom granted a CFTC Motion of Final Default Judgment for illegal, off-exchange precious metals transactions and futures commission merchant registration violations against Florida companies.
The NFA reminded Commodity Pool Operator and Commodity Trading Advisor members that an amendment to NFA Compliance Rule 2-46 that imposes a $200 late fee for each business day after which the Member files its quarterly NFA Form PQR or PR after the due date is now in effect.
Representative Tom Rice (R-SC) introduced a bill that would allow certain regulated companies to elect out of the public utility property energy investment tax credit limitation in the case of solar energy property.
Senator Edward J. Markey (D-MA) introduced the Offshore Wind Incentives for New Development Act. The Act would expand the tax credit for investment in energy property to include qualified offshore wind properties.