Revived Dodd-Frank position limits worry energy firms

Position limits

Of all the regulatory initiatives undertaken by the US Commodity Futures Trading Commission (CFTC) as a result of the Dodd-Frank Act, none have yielded such an angry response from the energy industry as the effort to impose speculative position limits on commodity derivatives. When the commission first tried to implement position limits in 2011, critics blasted them as flawed and unnecessary, raising doubts about the rule's rationale – the idea that excessive speculation was causing run

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