US regulators and hedge fund executives bit back at critics and media reports claiming that commodity pool operators (CPOs) are wreaking havoc on markets and are an unregulated financial disaster in the making.
A Commodity Futures Trading Commission (CFTC) round table discussion on 6 April featured more than two dozen hedge fund industry professionals as well as both US regulators, CFTC and Securities and Exchange Commission (SEC).
The regulators explained how and why hedge funds have added value to the marketplace at a time when many reports have blamed them for huge price spikes in crude oil markets. Two studies presented at...