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Political Factoid
Things the Republican Party opposes:
- More surveillance and enforcement
of oil futures markets
e.g., funding for increased surveillance and
enforcement staff at the Commodity Futures
Trading Commission (CFTC) to better deter
oil market manipulation.
- Upgrading technology to improve
oversight
e.g., funding for upgraded technology at the
CFTC to provide better oversight and
surveillance of energy markets.
- Increased civil and criminal
penalties
e.g., any increase in civil and criminal
penalties, such as from $1 million to
$10 million, or assessing fines per day,
instead of per violation.
- Increased margin requirements
e.g., giving the Commodity Futures
Trading Commission any new authority
allowing the CFTC to raise margin
requirements, or the amount of collateral
traders must put up, to address market
volatility.
- Limiting market volatility and
excessive speculation
e.g., any government action to
prevent excessive speculation.
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