Topic: Commodity Futures Trading Commission

JPMorgan reveals huge $2 billion trading loss

JPMorgan stock drops nearly 7 percent in after-hours trading. JPMorgan CEO Dimon blames 'errors, sloppiness, and bad judgment.'

Obama calls for tougher penalties for oil market manipulators (+video)

With gas prices a big election issue, Obama says Congress should enact new curbs on speculation and illegal manipulation in a market now dominated by investors.

Analysts react to Obama plan for curbing oil speculation

Several industry analysts are reacting to President Obama's announced plan Tuesday to curb oil speculation, which some say has to led to rising fuel prices.

Gas prices rising: Why GOP won't address real cause

Gas prices are rising not because of increased demand but because Wall Street is betting on higher gas prices.

MF Global bankruptcy: Exec says Corzine knew about missing money

At bankruptcy hearing, an MF Global executive said 'Mr. Corzine was aware' of misused customer funds. About $1.2 billion is still unaccounted for after the bankruptcy.

Wall Street is its own worst enemy

Capitalism depends on trust, but Wall Street has blanketed America in a miasma of cynicism

Jon Corzine downfall: Even after 2008, banking sector has untamed risks. (VIDEO)

Former CEO Jon Corzine testified before Congress on the bankruptcy of investment firm MF Global. Its swift collapse in late October recalled events leading to the financial crisis of 2008.

Bankruptcy of MF Global hits farmers hard

Bankruptcy of the commodities trading firm may include some $1.2 million missing from customers accounts. Farmers, ranchers, and agricultural businesses were cut off from the cash in their accounts when MF Global sought bankruptcy protection in October.

House committee subpoenas former MF Global CEO Jon Corzine

The former CEO of the bankrupt investment firm has been called before a congressional committee next week.

No deal yet on debt crisis. How will Asian markets and Wall Street react?

Washington’s self-imposed deadline to do something credible on the debt crisis before the Asian financial markets opened on Sunday passed in silence. "There could be extreme turmoil in markets," says one expert.

Who's to blame for rising oil prices? Speculators

Many blame Middle East turmoil or a weak dollar for rising oil prices, but they provide only a partial explanation. The chief culprit is speculation in oil markets. Fortunately, it can be stemmed with several regulatory steps.

Obama faces trouble with $4 gasoline

Polls show Americans blame Democrats more than Republicans for $4 gasoline prices, and President Obama's poll numbers show it. But people blame big oil companies even more, which may be a political opening for Obama.

Fraud in gas and oil prices? Obama's new task force will investigate.

A new working group with officials from nine federal agencies will monitor oil and gas markets for fraud, Obama announced Thursday at a town hall meeting in Reno, Nev.

Bernanke: Fed to strengthen oversight

Bernanke also says rising commodity prices will have only brief, modest effect on consumer prices. Inflation hawks at the Fed disagree with Bernanke.

'Flash crash' report: A tale of how not to make a big trade

The May 6 'flash crash' of the stock market was set off by a single $4.1 billion 'sell' order, the SEC reported Friday.

Wheat prices soar: How will that affect the grocery bill?

Wheat prices have jumped about 75 percent since early July. Drought in Russia and, perhaps, speculators in the commodity markets are behind the increase.

Financial reform bill 101: How it boosts Wall Street oversight

The financial reform bill passed Thursday by the Senate would create a council of financial watchmen who would act as an early warning system for market trouble.

SEC unveils 'flash crash' fixes, but Dow plunge still mysterious

A report on the May 6 stock market 'flash crash' released by regulators Tuesday is thin on answers for why the Dow took a 1,000-point dive.

Days later, mystery still shrouds stock market's 'flash crash'

Regulators tell Congress they're moving to erect new stock market 'circuit breakers' to pause trading when individual stocks fall quickly.

Big screen battle: Hollywood vs. box office speculators

The film industry is fighting proposals to create a 'futures exchange' for investors speculating on Hollywood box office profits and losses. No word yet on who has the screen rights.

Trading 'movie futures' like pork bellies? MPAA fights the idea.

A proposed futures commodity exchange, in which investors could speculate on which movies will make money, is opposed by the MPAA as 'legalized gambling on movie receipts.'

Were speculators behind last year's oil-price spike?

Investors flood commodity markets even though they know little about oil or wheat. Is more regulation the answer?

Could cap-and-trade create another economic bubble?

Fallout from Madoff scandal: new safeguards?

Congress ponders its options – from better investment policing to a new watchdog.

Citi's woes reflect depth of crisis

The bank's struggles suggest government measures have not stemmed market uncertainty.