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FIA releases statement on CFTC energy markets oversight

FIA releases statement on CFTC energy markets oversight

10 June 2008 6:00pm EDT

WASHINGTON, D.C.-June 10, 2008- The Futures Industry Association strongly supports the recent efforts of the Commodity Futures Trading Commission to bolster price transparency and enhance market surveillance in commodity and energy futures markets. Commodity and energy markets present an ever increasing regulatory challenge for the Commission, as trading platforms become more global and inter-linked through modern technology. As part of its ongoing leadership in this area, the Commission is conducting its first meeting on its Energy Markets Advisory Committee on June 10, 2008. FIA is submitting this short statement for the record of that meeting.

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