Nicholas Castriz

Oct 10, 2024 | mondaq.com | Jonathan Ammons |Nicholas Castriz

The U.S. Commodity Futures Trading Commission (CFTC) recently finalized guidance aimed at promoting integrity and transparency in the trading of voluntary carbon credit (VCC) derivatives. This move is intended to set clearer expectations for U.S. futures exchanges and swap execution facilities, ensuring that such platforms maintain robust standards when listing VCC derivative contracts.

Oct 7, 2024 | mondaq.com | Jonathan Ammons |Nicholas Castriz

CFTC finalized non-binding guidance applicable to futures exchanges and swap execution facilities related to due diligence and oversight of underlying carbon markets. Guidance primarily describes how trading platforms should mitigate manipulation and prevent market disruption in voluntary carbon credit (VCC) derivatives contracts and underlying markets. Guidance is intended to assist in addressing existing obligations given new and evolving nature of the VCC asset class.

Oct 3, 2024 | lexology.com | Jonathan Ammons |Nicholas Castriz

Key takeawaysCFTC finalized non-binding guidance applicable to futures exchanges and swap execution facilities related to due diligence and oversight of underlying carbon markets. Guidance primarily describes how trading platforms should mitigate manipulation and prevent market disruption in voluntary carbon credit (VCC) derivatives contracts and underlying markets. Guidance is intended to assist in addressing existing obligations given new and evolving nature of the VCC asset class.

Sep 3, 2024 | mondaq.com | Nicholas Castriz |Jonathan Ammons

Introduction On June 28, 2024, the U.S. Supreme Court issued a landmark decision in Loper Bright Enterprises v. Raimondo,1 which overturned the Chevron deference doctrine that had previously guided judicial review of federal agency interpretations of statutes. The decision is expected to have wide-reaching impacts across various industries that are regulated by federal agencies.

Aug 27, 2024 | lexology.com | Jonathan Ammons |Nicholas Castriz

Key takeawaysEnergy companies may find it easier to challenge burdensome regulations under new legal frameworkImmediate impact on CFTC and FERC is likely limited, but litigation could increaseThe end of Chevron deference could lead to more varied judicial outcomes in regulatory casesIntroductionOn June 28, 2024, the U.S. Supreme Court issued a landmark decision in Loper Bright Enterprises v.