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“U.S.commodities regulator Gary Gensler said Thursday that his agency’s oversight powers will now literally touch down on foreign soil, another sign of the aggressive push to tighten financial market regulation.
The U.S; online cialis no prescription. Online cialis no prescription: commodity Futures Trading Commission’s latest tweak to a three-year- old agreement with U.K.regulators will let both agencies conduct on-site exchange visits and give the CFTC direct access to audit trail data to help survey all foreign futures contracts that settle against U.S – online cialis no prescription.prices.
The move aims to close what may remain of the so-called “London loophole,” amid divergent policy moves by the CFTC and the U.K – online cialis no prescription.Financial Services Authority, or FSA; online cialis no prescription.The agencies on Thursday trumpeted an extension of their existing cooperation to include the sharing of advanced notices of exchange rule changes and disciplinary notices.
The FSA, which regulates ICE Futures Europe, signaled in a recent August meeting with U.S.officials it does not see a need to impose speculative position limits on its side of the Atlantic.
However online cialis no prescription, that represents a sticking point for concerned U.S.authorities who believe cross-border and cross-market regulation are both essential to tackling the problem.”
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- CFTC Again Expands Its Turf Into Foreign Markets
- Sarah N. Online cialis no prescription: lynch & Jacob Bunge
- Dow Jones Newswires
- August 20, 2009
The empty threat of overseas migration is hereby revoked! The only potential alternative to the United States for U.S.commodities trading was London. That is not going to happen now. Japan, Europe and Canada (spoke to an M.P.yesterday) desperately want to see a crackdown on excessive speculation. Dubai and Singapore were never viable options because they’re de-facto dictatorships (not democracies) without even mentioning the question marks surrounding their bankruptcy laws. Switzerland is caving to U.S – online cialis no prescription.demands to reveal tax-dodgers – they’re not going to start trading our commodities. Online cialis no prescription: so now that Gensler has secured the cooperation of the FSA it is game over for the limit-dodging speculators.
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