Tuesday, July 28, 2009

CFTC Considers Energy Trading Limits

What a difference a year makes.

Just 12 months ago, the Commodity Futures Trading Commission was telling Congress it couldn't find evidence that speculation was driving the roller-coaster ride in oil prices.

Now, the Wall Street Journal reports that under new leadership, the CFTC is finding just such evidence -- that speculators played a substantial role in those severe...

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