U.S. stock futures were mixed one day after strong earnings and economic optimism pushed the Dow to a record closing high.
U.S. stock futures were mixed one day after strong earnings and economic optimism pushed the Dow to a record closing high.
Gary Gensler was confirmed to lead the SEC on Wednesday. He promised to tackle bitcoin regulation, "gamification" of trading and board diversity.
Gary Gensler, Biden's pick to lead the SEC, said he would tackle cryptocurrency regulation, the "gamification" of trading and board diversity.
The digital currency had been on a tear up until two weeks ago, climbing over $40,000 on Jan. 7.
Gary Gensler, who once led the Commodity Futures Trading Commission, has joined M.I.T., where he is warning about potential problems for virtual currencies, the New York Times reports.
Both candidates face an electorate that largely views large financial institutions with mistrust, and that makes a Treasury pick tough.
The President is nominating top Treasury Department official Timothy Massad as head of CFTC, the agency that regulates the futures and options market.
The Treasury's Tim Massad is likely to be named the next Commodity Futures Trading Commission chairman, according to sources close to the matter.
In case of the federal government shutdown, investors can expect potential interruptions to financial product approvals and new rules.
In a perfect world, there would be flashing lights and sirens. But Wall Street is hardly perfect.
LONDON, Nov 5- Stick, twist or fold? ``The total wallet back at the peak was about $14 billion for the banking sector in commodities trading. There were 10-14 banks when it was at $14 billion, now there are really five relevant ones,'' said David Silbert, who leads commodities trading at Deutsche Bank.
LONDON, Nov 5- Stick, twist or fold? ``The total wallet back at the peak was about $14 billion for the banking sector in commodities trading. There were 10-14 banks when it was at $14 billion, now there are really five relevant ones,'' said David Silbert, who leads commodities trading at Deutsche Bank.
CHICAGO, Nov 1- The big-bank dominated model for privately traded derivatives is broken and those in the futures business argue that the fix is in Chicago. The Libor revelations show that the banks have ``victimized'' buy-side firms. ``This is a transformational event.'' Going forward, ``I think the solution is going to be found in Chicago and the Chicago community.
CHICAGO, Oct 31- The U.S. Commodity Futures Trading Commission created major confusion earlier this month when it imposed, and then suspended, a key rule governing energy derivatives, a CFTC policymaker said on Wednesday.
CHICAGO, Oct 31- One of five policymakers on the U.S. Commodity Futures Trading Commission said on Wednesday that the CFTC fell down on the job earlier this month as it imposed, and then suspended, a key rule governing energy derivatives.
WASHINGTON, Oct 25- Two influential U.S. senators on Thursday urged regulators to resolve any differences and finish writing a controversial ban on proprietary trading known as the Volcker rule.
NEW YORK/ WASHINGTON, Oct 12- U.S. regulators granted a last-minute reprieve to CME Group Inc. By saying that a swathe of widely traded energy, metals and agricultural swaps would not be counted toward a threshold triggering costly new regulations until Dec. 31, the Commodity Futures Trading Commission brought relief to big traders like BP.
NEW YORK/ WASHINGTON, Oct 12- U.S. regulators granted a last-minute reprieve to CME Group Inc and big energy traders on Friday, giving them until the end of the year to convert billions of dollars in commodity swaps to futures contracts.
NEW YORK/ WASHINGTON, Oct 12- U.S. regulators granted a last-minute reprieve to CME Group Inc and big energy traders on Friday, giving them until the end of the year to convert billions of dollars in commodity swaps to futures contracts.
