Energy firms voice optimism over CFTC's Massad

The new chairman of the US Commodity Futures Trading Commission is moving to fix regulatory problems afflicting energy firms and says he will listen closely to their input on the agency's remaining Dodd-Frank Act rules. The shift is being welcomed by the industry, finds Alexander Osipovich

Timothy Massad - CFTC
Timothy Massad, CFTC

Until quite recently, the US Commodity Futures Trading Commission (CFTC) was the object of fear and loathing among the energy industry's representatives in Washington, DC.

Led by Gary Gensler, who served as the agency's chairman from May 2009 to January 2014, the CFTC was accused of ramming through onerous new regulations to implement the US Dodd-Frank Act with little thought for commercial end-users impacted by the new rules. That includes energy companies, such as oil producers and electric

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