DECEMBER 2007 / JANUARY 2008  

CEA Reauthorization

US Congress has been working on reauthorization of the Commodity Exchange Act (CEA). On December 13, the House Agriculture Committee passed out of committee legislation which would reauthorize the CEA for seven years. In the Senate, CEA reauthorization was added as an amendment to the Farm Bill. Now both the House and Senate will consider similar (though not identical) reauthorization provisions as part of the House-Senate conference on the Farm Bill, expected to be completed by Spring.

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CFTC’s Lukken Addresses ISDA’s NY Energy Conference

Speaking at ISDA’s annual Energy, Commodities and Developing Products Conference in New York on November 29, Walter L. Lukken, Acting Chairman of the Commodity Futures Trading Commission (CFTC), expressed his support for a principles-based approach to the regulation of energy markets.

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