News & Analysis as of

Capital Markets Commodities

Cadwalader, Wickersham & Taft LLP

CFTC Further Expands the Definition of CTA

On August 29, 2023, the U.S. District Court for the Western District of Texas entered a consent order ("Order") and imposed sanctions on Barelt Media and its owner Ryan Masten for operating an unregistered commodity trading...more

Stikeman Elliott LLP

CSA Adopt Regulatory Regime for Commodity Benchmarks and Their Administrators

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The Canadian Securities Administrators (“CSA”) recently announced that the securities regulatory authorities in Alberta, British Columbia, New Brunswick, Northwest Territories, Nova Scotia, Ontario, Quebec, Saskatchewan and...more

Perkins Coie

Market Turmoil Caused by “Run on the Banks” Leads to Trading Halts

Perkins Coie on

On March 10, 2023, volatility resulting from concerns regarding runs on certain banks triggered trading halts in those banks’ stocks on the New York Stock Exchange (NYSE) and Nasdaq. March 13, 2023, saw additional trading...more

Opportune LLP

Q&A: The State Of Oil & Gas M&A Activity & What To Expect In 2023

Opportune LLP on

The current landscape of M&A and A&D dealmaking in the U.S. oil and gas industry looks a lot different than what it did in the 2015-2019 period. During the pandemic, commodity prices sank to historically low levels (WTI crude...more

A&O Shearman

Abu Dhabi Global Market Enhances Its Environmental, Commodities, Digital and Capital Markets Framework

A&O Shearman on

The Abu Dhabi Global Market (ADGM) has recently published new financial services amending regulations and various amended rulebook modules. These wide-ranging measures update ADGM’s rules on environmental matters, virtual...more

White & Case LLP

High value metals fraud: unlawful means conspiracy

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Forged warehouse receipts have proved fertile ground for commodity finance disputes in recent years. In Natixis S.A. v Marex Financial and Access World Logistics (Singapore) Pte Ltd1 the Commercial Court delivered a judgment...more

White & Case LLP

Mining & metals 2022: ESG and energy transition – the sector's biggest opportunity

White & Case LLP on

Against a backdrop of record commodity prices and the pressure for miners to boost their ESG credentials, the sector is seeking to position itself as a trusted partner in fighting climate change. Will 2022 cement the mining &...more

Morgan Lewis - Power & Pipes

CFTC Releases Interim Report into April WTI Futures Price Collapse; Commissioner Berkovitz Issues Scathing Critique

The Commodity Futures Trading Commission (CFTC) recently issued an interim report by CFTC Staff on the April 2020 price collapse of the West Texas Intermediate light sweet crude oil futures contract (WTI Futures Contract)....more

Dechert LLP

CFTC Adopts New Federal Position Limits and Amendments

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The Commodity Futures Trading Commission, by a 3-2 vote on October 15, 2020, adopted amendments to Part 150 of the CFTC Regulations (Amendments). Part 150 currently imposes federal speculative position limits on nine futures...more

Hogan Lovells

Energy and metals companies and funds beware: Your trading positions may be "limited"

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On 30 January 2020 the Commodity Futures Trading Commission (CFTC) approved on a 3-2 vote proposed rules addressing position limits on speculative derivatives (Position Limits Proposal). The Position Limits Proposal has a...more

Robins Kaplan LLP

Financial Daily Dose 6.26.2019 | Top Story: US Tech Firms Find Ways to Resume Sales to Huawei

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Some U.S. tech firms are finding ways to get around the White House’s Huawei no fly zone, with Micron, Qualcomm, and Intel leading the way...more

Morrison & Foerster LLP

The SEC’s Final Rule Regarding Price Quotes and Research Reports Relating to Security-Based Swaps

This month the Securities and Exchange Commission (“SEC”) issued a final rule (the “Final Rule”) that provides that certain communications relating to security-based swaps (either singular or plural, “SBS”) will not...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week in Review

Financial Industry Developments - OCC Discusses Marketplace Lending - On September 13, 2016, Comptroller of the Currency Thomas J. Curry discussed marketplace lending's risks and associated policy questions. He...more

Goodwin

2016 Real Estate Capital Markets Conference: Top 10 Takeaways (Bullish and Bearish)

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The real estate world unofficially convened at the 9th Annual Real Estate Capital Markets Conference hosted by Goodwin Procter and Columbia Business School. The speakers and guests, which included real estate fund...more

Cadwalader, Wickersham & Taft LLP

FCA and Ofgem Question Adequacy of Commodity Firms’ Compliance and Market Abuse Controls

In the most recent edition of its regular market conduct and transaction reporting-focused ‘Market Watch’ publication, the UK Financial Conduct Authority (“FCA”) provides a review of commodities firms’ compliance and...more

Dechert LLP

Investment Funds Update - Europe - Legal and regulatory updates for the funds industry from the key asset management centres and...

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AIFMD - Updated Q&A from ESMA - On 12 May, ESMA issued new Questions and Answers of the application of the AIFMD, including new questions and answers on reporting and calculation of leverage. The revised Questions...more

Orrick - Finance 20/20

Fair and Effective Markets Review Publishes Final Report

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On June 10, 2015, the Fair and Effective Markets Review (FEMR), established by the Chancellor in June 2014 to conduct a review of fixed income, currency and commodity markets, published its final report. The report contains...more

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