Event: Other Events


The Commission and Witnesses Testimonies on Hearing to Examine Trading on Regulated Exchanges and Exempt Commercial Markets


The following remarks were given by the panel of witnesses at the CFTC hearing held on September 18, 2007 to examine trading on regulated exchanges and exempt commercial markets.

Commission Opening Statements

Acting Chairman Walter Lukken

Commissioner Michael Dunn

Commissioner Jill Sommers

Commissioner Bart Chilton

Panel I – CFTC Witnesses

Terry Arbit
General Counsel

John F. Fenton
Deputy Director of Market Surveillance, Division of Market Oversight

Jeffery H. Harris
Chief Economist

Richard A. Shilts
Director, Division of Market Oversight


Panel II – Trading Facilities

Craig S. Donohue
Chief Executive Officer and Director, CME Group, Inc.

Peter Krenkel
President, Natural Gas Exchange, Inc.

James E. Newsome
President and Chief Executive Officer, New York Mercantile Exchange

• Richard L. Sandor
Chairman and Chief Executive Officer, Chicago Climate Exchange


Jeffrey C. Sprecher
Chairman and Chief Executive Officer, InterContinental Exchange, Inc.


Panels III and IV – Market Users

Laura Campbell (Oral Testimony)
Assistant Manager for Energy Resources, Memphis Light Gas & Water
Member, American Public Gas Association


John M. Damgard (Full Testimony)
President, Futures Industry Association


R. “Skip” Horvath
President, The Natural Gas Supply Association
“Physical Natural Gas Market Evidence of Health”


Russ Stolle
General Counsel, Huntsman Corporation

Mark Cooper
Director of Research, Consumer Federation of America

Sean Cota
President, Cota & Cota, Inc., of Bellows Falls, Vermont;
President, New England Fuel Institute;
Northeast Chair, Petroleum Marketers Association of America


John G. Gaine
President, Managed Funds Association

Greg Zerzan
Counsel and Head of Global Public Policy, International Swaps and Derivatives Association, Inc.

Senator Levin Letter and Comments for the Commission Hearing Record on the Hearing to Examine Trading on Regulated Exchanges and Exempt Commercial Markets

Last Updated: August 13, 2014