Senior Consultant to CRA John E. Parsons and Senior Associate Billy Muttiah 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.
Looking under the hood: UK economic outlook and implications
2021 was expected to be a year of recovery and growth – both globally and in the UK. However, as we are now in a race between a more infectious virus strain...