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CFTC should be flexible on limits-Morgan Stanley

Posted on 28 October 2010

From Reuters: Morgan Stanley urged the U.S. Commodity Futures Trading Commission to adopt a flexible approach toward speculative position limits, a new regime that the regulator is slated to unveil in coming weeks.
The banking firm recommended the CFTC propose interim limits in energy markets, and possibly certain precious metals markets that would not prevent businesses from using futures and swaps to hedge risk……………………………………….Full Article: Source


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