Comments on: How does the government regulate oil commodity trading? What is the minimum allowable price manipulation? http://www.acommoditytradingworld.com/commodity-trading/how-does-the-government-regulate-oil-commodity-trading-what-is-the-minimum-allowable-price-manipulation The commodity trading blog Thu, 29 Jul 2010 07:19:51 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: bull w http://www.acommoditytradingworld.com/commodity-trading/how-does-the-government-regulate-oil-commodity-trading-what-is-the-minimum-allowable-price-manipulation/comment-page-1#comment-41 bull w Thu, 04 Feb 2010 23:43:59 +0000 http://www.acommoditytradingworld.com/commodity-trading/how-does-the-government-regulate-oil-commodity-trading-what-is-the-minimum-allowable-price-manipulation#comment-41 Michael Masters is an idiot. Oil goes higher no matter what congress does, this is a global market. There is no demand destruction.<br><b>References : </b><br> Michael Masters is an idiot. Oil goes higher no matter what congress does, this is a global market. There is no demand destruction.
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]]> By: Checks B http://www.acommoditytradingworld.com/commodity-trading/how-does-the-government-regulate-oil-commodity-trading-what-is-the-minimum-allowable-price-manipulation/comment-page-1#comment-40 Checks B Thu, 04 Feb 2010 23:02:59 +0000 http://www.acommoditytradingworld.com/commodity-trading/how-does-the-government-regulate-oil-commodity-trading-what-is-the-minimum-allowable-price-manipulation#comment-40 Half of our money paid at pump goes to Wall Street speculators. And we can not hear or read main media reporting them. We are kept in the dark “Testifying to the House Energy and Commerce Committee, Michael Masters of Masters Capital Management said that the price of oil would quickly drop closer to its marginal cost of around $65 to $75 a barrel, about half the current $135.” http://www.marketwatch.com/news/story/gas-could-fall-2-if/story.aspx?guid=%7B2673C102-68E0-41D9-9C9A-10EE2E723948%7D&dist=msr_13<br><b>References : </b><br> Half of our money paid at pump goes to Wall Street speculators. And we can not hear or read main media reporting them. We are kept in the dark

“Testifying to the House Energy and Commerce Committee, Michael Masters of Masters Capital Management said that the price of oil would quickly drop closer to its marginal cost of around $65 to $75 a barrel, about half the current $135.”

http://www.marketwatch.com/news/story/gas-could-fall-2-if/story.aspx?guid=%7B2673C102-68E0-41D9-9C9A-10EE2E723948%7D&dist=msr_13
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]]> By: Net Advisor http://www.acommoditytradingworld.com/commodity-trading/how-does-the-government-regulate-oil-commodity-trading-what-is-the-minimum-allowable-price-manipulation/comment-page-1#comment-39 Net Advisor Thu, 04 Feb 2010 22:12:59 +0000 http://www.acommoditytradingworld.com/commodity-trading/how-does-the-government-regulate-oil-commodity-trading-what-is-the-minimum-allowable-price-manipulation#comment-39 All oil and commodities are regulated by the Commodity Futures Trading Commission (CFTC) under the Commodity Exchange Act "The Commodity Futures Trading Commission (CFTC) is an independent agency of the United States Government. The Commodity Exchange Act (CEA), 7 U.S.C. § 1 et seq., prohibits fraudulent conduct in the trading of futures contracts. In 1974, Congress amended the Act to create a more comprehensive regulatory framework for the trading of futures contracts and created the Commodity Futures Trading Commission, replacing the Commodity Exchange Authority. The stated 'mission' of the CFTC is to protect market users and the public from fraud, manipulation, and abusive practices related to the sale of commodity and financial futures and options, and to foster open, competitive, and financially sound futures and option markets." http://en.wikipedia.org/wiki/Commodity_Futures_Trading_Commission CFTC Law and Regulation http://www.cftc.gov/lawandregulation/index.htm PS It is illegal to manipulate any public market.<br><b>References : </b><br>About the CFTC http://www.cftc.gov/aboutthecftc/index.htm Industry Oversight http://www.cftc.gov/industryoversight/index.htm CFTC Public Education Center http://www.cftc.gov/educationcenter/index.htm Trading & Risks http://www.cftc.gov/educationcenter/areyouabouttotrade.html#P31_3855 All oil and commodities are regulated by the Commodity Futures Trading Commission (CFTC) under the Commodity Exchange Act

"The Commodity Futures Trading Commission (CFTC) is an independent agency of the United States Government.

The Commodity Exchange Act (CEA), 7 U.S.C. § 1 et seq., prohibits fraudulent conduct in the trading of futures contracts. In 1974, Congress amended the Act to create a more comprehensive regulatory framework for the trading of futures contracts and created the Commodity Futures Trading Commission, replacing the Commodity Exchange Authority.

The stated ‘mission’ of the CFTC is to protect market users and the public from fraud, manipulation, and abusive practices related to the sale of commodity and financial futures and options, and to foster open, competitive, and financially sound futures and option markets."

http://en.wikipedia.org/wiki/Commodity_Futures_Trading_Commission

CFTC Law and Regulation
http://www.cftc.gov/lawandregulation/index.htm

PS It is illegal to manipulate any public market.
References :
About the CFTC
http://www.cftc.gov/aboutthecftc/index.htm

Industry Oversight
http://www.cftc.gov/industryoversight/index.htm

CFTC Public Education Center
http://www.cftc.gov/educationcenter/index.htm

Trading & Risks
http://www.cftc.gov/educationcenter/areyouabouttotrade.html#P31_3855

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