Financial Services Financial Services

US CFTC should reopen abridged Trump-era assessment of WTI crude-oil futures collapse, Commissioner Berkovitz says

By Neil Roland
  • 16 Mar 2021 15:27
  • 16 Mar 2021 15:27
The US Commodity Futures Trading Commission should probe the reasons behind the collapse of West Texas Intermediate crude-oil futures last year so that “meaningful speculative position limits” can be imposed by the agency and contract markets, Democratic Commissioner Dan Berkovitz said.
A Trump-era CFTC assessment was done that stopped short

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Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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