Regulator re-opens speculation debate

In his opening statement, Gary Gensler, chairman of the CFTC, said: "I believe we must seriously consider setting position limits," he added. The CFTC currently imposes federal position limits on some agriculture products, but such limits are set by exchanges in the energy market.

A CFTC report released in September 2008 found no link between rising crude oil prices and volumes flowing into commodity index trading during a $147 per barrel price spike in July of last year. However, the regulator r

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: