The US Commodity Futures Trading Commission expects to actively participate in any federal carbon cap-and-trade regulation, CFTC Chairman Gary G. Gensler told a US Senate committee on Sept. 9.The commission should be ready because it already has experience regulating in three of the five broad regulatory components he believes would comprise a US cap-and-trade regime, Gensler said in testimony to the Senate Agriculture, Nutrition, and Forestry Committee."Over the past year, we have witnessed the consequences that regulatory gaps and inconsistencies can have on our financial system, the economy, and the American people," he said. "As Congress moves forward with potential cap...