Statement by the CFTC and the European Commission on Progress Relating to the Implementation of the 2013 Path Forward Statement

CFTC Acting Chairman Mark Wetjen and European Commissioner Michel Barnier Announce Continued Progress Regarding European Trading Platforms under July 2013\u27s Path Forward Statemen

Commodity Futures Trading Commission Settlement Agreement

Order Instituting Proceedings Pursuant to Section 6(c) and 6(d) of the Commodity Exchange Act, Making Findings and Imposing Remedial Sanction

CFTC Files and Settles Charges Against JPMorgan Chase Bank, N.A., for Violating Prohibition on Manipulative Conduct In Connection with “London Whale Swaps Trades

JP Morgan Admits to Reckless Conduct in First Case Charging Violation of Dodd Frank\u27s Prohibition Against Manipulative Conduct and Is Ordered to Pay a $100 Million Civil Monetary Penalt

The Politics of the Fight Against Food Price Volatility – Where Do We Stand and Where are We Heading?

The paper reviews and evaluates the global political discussions of G-8 and G-20 Member countries on food security and food price volatility since the L'Aquila Initiative in 2009. It shows that some progress was achieved with respect to better coordination of agricultural policies and stricter regulation of financial markets, especially at the 2011 Cannes Summit Meeting of the G-20. However, no agreement was reached in areas crucial for food security such as biofuel mandates or agricultural trade policies. A discretionary approach towards stabilizing food prices may, however, rather exacerbate than mitigate volatility. Regarding financial markets the respective initiatives of the US and the EU prove the willingness of the executive to control excessive speculation, but the legislative procedure has not been completed, and interest groups are working to water down the proposed provisions. In the preparations for the upcoming G-8 and G-20 Meetings no new impulses for food security are discernable. The priority lists are topped by macro-economic issues. Under these circumstances developing countries will have no choice but to forge new alliances to bring the food security issue back to the global agenda

Insurgent capitalism: Island, bricolage and the re-making of finance

Drawing on recent discussions of the material cultures of markets and of financial innovation as bricolage, this paper explores the development of Island, a new share-trading venue set up in 1995. We examine Island's roots in a very specific conflict in the US financial markets and in the information libertarianism of 'hacker culture', and examine the material bricolage involved in Island's construction. The paper also outlines the processes that led to a dramatic 'Latourian' change of scale: Island was originally a 'micro' development on the fringes of US markets, but within little more than a decade key features of Island became close to compulsory, as the nature of North American and Western European share trading changed utterly