Transparency act remains unclear

The passing last month by US Congress of the controversial HR 6604 bill to target "excessive speculation in energy futures markets" is causing concern among some energy market participants who fear the bill could stifle trade. However, since it still has to pass through the Senate, it may change considerably before it becomes law.

HR 6604, the Commodity Markets Transparency and Accountability Act, passed the House of Representatives 283 to 133 on September 18, 2008. Democrat Representative John

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