CRA experts discuss how the regulatory environment for commodity derivative markets is changing, with increased efforts to monitor and deter commodity price manipulation. The economics of manipulation is highlighted by examining the ongoing civil case CFTC vs. Arcadia Petroleum and Parnon Energy et al. The article also differentiates the impact of manipulation and speculation on commodity prices.
ERISA forfeitures and class action lawsuits
The Internal Revenue Service (IRS) has supported this practice; however, current litigation focuses on whether using forfeitures to reduce employer...