Forex Blog

January 14, 2010

CFTC Wants to Reduce Energy Speculation

The Commodity Futures Trading Commission (CFTC) announced a plan that would see limits placed on those speculating in energy futures including oil, natural gas, and heating fuels. The proposal would allow exemptions for commodity-dependent business such as airlines and transit companies that use futures contracts to hedge costs.

Bloomberg

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Powered by Efacilitators Hosting