The CFTC (federal Commodity Futures Trading Commission) is initiating a new effort to watch the rapid buy and sell orders that increasingly influence the commodities market in the United States.
This update information comes from an interview with CFTC Chairman Gary Gensler.
This new approach by CFTC of widening day-to-day monitoring of the commodities and futures markets and targeting the high-speed trading firms follows the plan of the SEC (federal Securities and Exchange Commission to sharpen oversight of stock trades following the 2010 "flash crash".
[WSJ, Friday, 03/16/2012, page C1]
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