CFTC Archives - Americans for Financial Reform

Remarks: Written Remarks Regarding Digital Assets Policy Frameworks – Areas for MRAC Review

AFREF and Demand Progress Education Fund attended a meeting of the Market Risk Advisory Committee for the Commodity Futures Trading Commission. There, AFREF/DPEF staff gave remarks on digital assets, including recommendations to the Committee regarding research and analysis into proper regulatory oversight of the digital assets sector. Recommendations included research into cybersecurity risks associated with crypto platforms and crypto derivatives, as well as a review of due diligence processes conducted by the CFTC and other regulators when CFTC registered entities involved in digital assets are acquired by another firm.

Letters to Regulators: CFTC Must Address Climate Risk, Carbon Offsets

Americans for Financial Reform Education Fund (AFREF) submitted two comments to the Commodity Futures Trading Commission (CFTC) in response to their request for information on climate-related financial risk as pertinent to the derivatives markets and underlying commodities markets. A coalition letter submitted jointly by AFREF, Amazon Watch,

CFTC Offsets Media Advisory: Senators, Climate Justice Groups, and Financial Regulation Watchdogs Urge CFTC to Rein In Voluntary Carbon Market Derivatives

FOR IMMEDIATE RELEASE MEDIA ADVISORY October 5th, 2022 CONTACT: Ada Recinos ada@amazonwatch.org (510) 473-7542 Senators, Climate Justice Groups, and Financial Regulation Watchdogs Urge CFTC to Rein In Voluntary Carbon Market Derivatives What: On Friday, October 7th, a coalition of climate justice and financial regulation advocacy

News Release: CFTC Should Have Narrow Role in Crypto to Preserve SEC Primacy

WASHINGTON, D.C. – Americans for Financial Reform and two leading financial regulatory experts, sent a detailed letter to the US Senate Committee on Agriculture, Nutrition and Forestry, highlighting major shortcomings in a new bill, the Digital Commodities Consumer Protection Act of 2022 (S. 4760/H.R. 8730).

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Letters to Regulators: AFREF Joins More Than 100 Groups Calling on CFTC to Shut Down Dangerous Water Futures Market

AFREF joined more than 100 groups in a letter calling on the CFTC to shut down the dangerous water futures market.

Policy Recommendations: Recommendations for Systemic Reform to Create a Safe and Just Financial System

AFR released a recommended set of systemic reforms outlining steps to create a safe and just financial system. These include both reversing the deregulation of the Trump years and taking positive steps to create a far more secure and inclusive financial system. The full document

NEWS RELEASE: CFTC rule limits its own role in markets, not excessive speculation

Yesterday, the Commodity Futures Trading Commission adopted a final rule that purports to limit excessive speculation in crucial commodity markets affecting the price of consumer products ranging from gasoline to bread.

Letter to Regulators: New “Electronic Trading Risk Principles” Are Inadequate

The AFR Education Fund wrote a letter to the Commodity Futures Trading Commission regarding its proposed new “Electronic Trading Risk Principles”. The letter faulted the principles-based approach as basically allowing Wall Street to regulate itself in this important area. A copy of the letter can

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News Release: CFTC Rule Dismantles Key Guardrail for Derivatives Market

Cross-border derivatives regulation is the latest area in which Trump appointees are systematically dismantling the post-2008 framework for regulation of Wall Street and the global “too big to fail” banks. Today, the Commodity Futures Trading Commission drastically weakened their rules governing the massive global markets for financial derivatives.

Letter to Regulators: AFR Education Fund Opposes Ineffective Rules to Control Commodity Speculation

The AFR Education Fund sent this letter to the Commodity Futures Trading Commission opposing new rules that would be ineffective in preventing speculation in energy and agricultural commodities. A pdf of the comment can be downloaded here: AFR Education Fund Comment on Position Limits Proposal