Commodity Futures Trading Commission (CFTC) has advocated greater oversight of the OTC market regulation for the agency on a number of levels. A report, issued by CFTC on 24 October, recommends several initiatives for so-called exempt commercial markets (ECMs) including - large trader reporting; position limits and, or an accountability level regime; self-regulatory oversight and emergency authority for the agency designed to prevent market manipulation and disruptions of the delivery or cash-settlement process.The report, which emerged in the wake of an 18 September hearing on the issue...