To that end, Congress created an administrative agency called the Commodity Futures Trading Commission (CFTC).
In August 2008, it was revealed that oil speculators had increased the volatility of the price of oil; Congressman John Dingell criticized the Commodity Futures Trading Commission for failing to scrutinize oil futures traders, in particular the Swiss company Vitol.
Federal Communications Commission | European Commission | Royal Commission | Canadian Radio-television and Telecommunications Commission | Federal Trade Commission | Electoral and Administrative Review Commission | United Nations Economic Commission for Europe | U.S. Securities and Exchange Commission | United States Atomic Energy Commission | Toronto Transit Commission | International Electrotechnical Commission | Erie Canal Commission | International Whaling Commission | Independent National Electoral Commission | Commonwealth War Graves Commission | Warren Commission | Trading Spaces | International Commission of Jurists | Federal Election Commission | British Transport Commission | University Grants Commission | Planning Commission | University Grants Commission (India) | United States Maritime Commission | United Nations Economic Commission for Latin America and the Caribbean | Interstate Commerce Commission | Taxi Services Commission | Press Complaints Commission | Presidential Commission | Office of Fair Trading |
He holds or has held Financial Industry Regulatory Authority (FINRA) securities series licenses 6, 7, 8 and 22, was a New York Stock Exchange and Municipal Securities Rulemaking Board Principal and an Associated Person with the Commodity Futures Trading Commission.
Gray was a consultant for such policy and regulatory bodies as the Chicago Board of Trade, the Food and Agriculture Organization of the United Nations and the Commodity Futures Trading Commission, as well as an expert witness in a number of famous manipulation and tax cases.