In Washington, despite concerns voiced by liberal watchdog groups as well as Democratic congressmen for the past several months regarding Carl Icahn’s role in the RIN market, the Commodity Futures Trading Commission confirmed to eight Democratic senators last month that it is not officially investigating his activity because RINs are not traded on futures markets. […]
In Washington, the Environmental Protection Agency and the Commodity Futures Trading Commission enter into this Memorandum of Understanding to address the sharing of information, including proprietary business information “PBI,” in the possession of EPA with the CFTC in compliance with EPA’s obligations under 40 CFR Part 2, Subpart B. CFTC review and analysis of the […]
In Washington, a bipartisan group of 13 congressmen from Iowa, Illinois, Minnesota, Wisconsin and South Dakota sent a letter to the chairman of the Commodity Futures Trading Commission, following on a letter sent by senators last month, seeking an investigation into what caused the recent increases of RIN prices by 2900%.
In Washington, Senator Debbie Stabenow, Chairwoman of the U.S. Senate Committee on Agriculture, Nutrition and Forestry, called on the Commodity Futures Trading Commission to review recent allegations about possible manipulation of the markets for Renewable Identification Numbers (RINs). Stabenow called on the CFTC, which is tasked with overseeing markets for commodity futures, options and swaps, […]
In Washington, Iowa Sen. Chuck Grassley told reporters that RIN prices had gone through the roof because of speculation and that it was up to regulators like the Commodity Futures Trading Commission to look into controlling it. Anti-biofuels groups are taking advantage of soaring RIN prices as an opportunity to get rid of the RFS.
