MARKETS NEWS
Hacked Tweet Prods Revamp
Wed May 1, 2013 11:48 AM CDT

WASHINGTON (Dow Jones) -- The head of the Commodity Futures Trading Commission said the false tweet that temporarily sent markets diving last week highlights the need for the agency to move forward on new oversight of high-speed traders.

CFTC Chairman Gary Gensler, speaking Tuesday, said he hopes the commission can finish a draft policy paper in the next month or two that could help guide future regulation. The commission has been working "for many moons" on the paper about risk controls and safeguards for automatic trading, Gensler said.

In addition to new rules, Gensler said the CFTC needs more funding ...

Quick View
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Senior Partners - 4 Except for family sales, seller financing virtually vanished after the farm crisis of the 1980s w...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
DTN Technically Speaking Blog
Technically Speaking Blog
Technically Speaking Blog
Technically Speaking Blog
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
DTN Midday Grain Comments
Newsom on the Market
DTN Before The Bell Grain Comments