I have been named to the CFTC’s Energy and Environmental Markets Advisory Committee, at the invitation of Commissioner Christopher Giancarlo. Given how I was viewed during the Gensler years, this is a sign that the winds have shifted at 1155 21st St. NW. Or maybe it’s a harbinger of the impending apocalypse. It is particularly ironic, given that Frankendodd specifically mandated that the Commission create the EEMAC: there’s a mandate I can get behind!
Kidding aside, I very much appreciate the opportunity to contribute to the debate in a forum that has policymakers’ ears. The position limits issue is still very much on the table: the hedging definitions are particularly challenging, as is how to determine when speculation is causing unwarranted fluctuations in prices. I definitely have things to say about these matters, and will take the opportunity to say them.
* This is the title of the only REM song that doesn’t have me hitting skip or switching channels.