| From timesonline.co.uk: America’s top futures market regulator will be invited to give evidence in London as part of a full parliamentary investigation into possible manipulation of the oil market. MPs on the House of Commons’ powerful Treasury Select Committee are set to unveil details of the investigation next month, after they were left dissatisfied with findings from an initial inquiry into oil market regulation held last month.
A spokeswoman said it was “highly likely” that the committee, chaired by Labour MP John McFall, would push for a full parliamentary inquiry when Parliament returns from its summer recess.Nick Ainger, MP, who is also a committee member, said that among those who would be invited to give evidence are Walter Lukken, chairman of the Commodity Futures Trading Commission (CFTC), which has launched a series of initiatives designed to stamp out alleged market abuse in the US in recent months...... Full Article: Source |