by Deanna R. Reitman , Julian E. Harrell , and( Tamara Criss (Faegre Drinker) - The U.S. District Court for the Northern District of Illinois recently granted the Commodity Futures Trading Commission (CFTC) summary judgment in its first enforcement action
Commodity Futures Trading Commission (CFTC)
Back TO HOMEWilson Sonsini (WSGR) Insights from US Commodities Futures Trading Commission Carbon Markets Convening --- August 9, 2023 --- ONLINE
Wilson Sonsini (WSGR) and AirMiners are excited to present insights on carbon market directions, fresh from the July 19th public convening about carbon markets held by the US Commodities Futures Trading Commission. Since this meeting was quite lengthy (5 1/2 hours), we are
July 27, 2023 Read Full Article
Biden to Tighten Policing of Biofuel Credits after Wild Swings
(Business Times) The Biden administration is planning to step up the US government’s policing of an opaque market in biofuel compliance credits, following long-running complaints of wild price swings and manipulation. The Environmental Protection Agency (EPA) is set to lay out plans
June 22, 2023 Read Full Article
Yellen: Treasury Exploring Development of Carbon Markets
by Sam Sutton (Politico Pro) Treasury Secretary Janet Yellen on Monday said she was exploring how the administration could develop standards for voluntary carbon markets as part of broader efforts to address climate change. "We’re looking into what we might do to
October 24, 2022 Read Full Article
Groups Send Letter to Congress Highlighting Oilheat Industry Policy Priorities
by Ron Kotrba (Biobased Diesel Daily) A number of organizations, including state energy associations and Clean Fuels Alliance America, sent a letter to federal policymakers May 12 highlighting several policy priorities for the heating oil industry. The industry is pursuing goals for
May 17, 2022 Read Full Article
Biden Administration Wants the Financial Sector to Face up to Climate Risk
by Steven Mufson and Juliet Eilperin (Washington Post) The Commodity Futures Trading Commission aims to create a new Climate Risk Unit, joining initiatives at Treasury, the Securities and Exchange Commission, and the Federal Reserve -- A growing number of federal
March 18, 2021 Read Full Article
SEC Unveils ESG Task Force
by Matthew Choi and Kelsey Tamborrino (Politico's Morning Energy) The commission is setting up a climate and ESG task force in its enforcement division as the financial industry faces growing pressure to be more proactive on ESG disclosures, particularly regarding
March 05, 2021 Read Full Article
Bernie Sanders and AOC Want Congress to Declare a National Emergency over Climate Change
by Tara Golshan (Vox) Climate activists around the world are pushing governments to treat global warming as an emergency. -- ... On Tuesday, they got three prominent progressive allies in the United States to publicly join their cause: Sen. Bernie Sanders (I-VT) and Reps.
July 10, 2019 Read Full Article
Trump Said to Mull Ways to Boost Biofuel Market Transparency
Mario Parker and Jennifer A. Dlouhy (Bloomberg) The Environmental Protection Agency plans to ask for advice on whether -- and how -- to boost the transparency of an opaque $9 billion market in biofuel compliance credits amid allegations of manipulation, said
May 16, 2018 Read Full Article
EPA RIN Market Data Poor: CFTC Can't Draw Conclusion on RIN Market Based on EPA Data Provided
by Chris Clayton (DTN The Progressive Farmer) The chairman of the Commodity Futures Trading Commission told senators Thursday the Environmental Protection Agency hasn't been able to provide the CFTC with enough quality data on the biofuels trading market for CFTC regulators
February 16, 2018 Read Full Article
U.S. Subpoenas Icahn Over Biofuel Action While Trump Adviser
by Miles Weiss, Jennifer A Dlouhy, and Mario Parker (Bloomberg) U.S. Attorney for Southern District of N.Y. seeks information; Icahn Enterprises discloses request in securities filing -- Federal investigators have issued subpoenas for information on Carl Icahn’s efforts to change biofuel policy while
November 09, 2017 Read Full Article
RFA Chief Says He's Still Concerned RINs Market Is Being Manipulated
by Jeff Barber (Oil Price Information Service) The head of the Renewable Fuels Association (RFA) says the ethanol industry group remains concerned that "market manipulation" is a "significant factor" driving the price of Renewable Identification Numbers (RINs) and cited an
August 03, 2017 Read Full Article
CFTC Says It Is Not Probing Icahn's Activity in Biofuels Credits
by Timothy Gardner (Reuters) The U.S. Commodity Futures Trading Commission informed eight Democratic U.S. senators last month that it is not investigating biofuels credits after the lawmakers had urged it to probe billionaire Carl Icahn's activity in that market, according
June 06, 2017 Read Full Article
Senators Call on SEC, EPA, CFTC to Investigate Trump Advisor Carl Icahn for Possible Insider Trading, Market Manipulation in Renewable Fuel Credit Market
(Office of Senator Elizabeth Warren) U.S. Senators Elizabeth Warren (D-Mass.), Debbie Stabenow (D-Mich.), Tom Carper (D-Del.), Sherrod Brown (D-Ohio), Sheldon Whitehouse (D-R.I.), Tammy Baldwin (D-Wis.), Tammy Duckworth (D-Ill.), and Amy Klobuchar (D-Minn.), called on the heads of the Commodities Futures
May 18, 2017 Read Full Article
Feature: Could a RINs Market Probe Fuel RFS Reforms?
by Brian Scheid and Herman Wang (Platts) Growing pressure for a federal probe of the opaque market underpinning the Renewable Fuel Standard could bolster efforts to dramatically reform the landmark biofuels policy. Earlier this month, billionaire investor Carl Icahn sent a heated,
August 25, 2016 Read Full Article
EPA, CFTC Asked to Investigate Alleged Manipulation in Biofuels Market
by Alex Guillén (Politico Pro) The Renewable Fuels Association today asked the Commodity Futures Trading Commission and EPA to investigate whether anyone is manipulating the market for a key biofuels compliance credit to drum up support for repeal of the
August 01, 2016 Read Full Article
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