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US adopts limits on speculative commodity trading

Posted on 19 October 2011

Jill SommersTrading in commodities futures will be capped under a federal rule adopted Tuesday that seeks to clamp down on speculative trades, which some have blamed for driving up food and gas prices in the past year.
The Commodity Futures Trading Commission voted 3-2 to approve the rule, which doesn’t take effect until 2012. It was required under the financial regulatory overhaul……………………………………….Full Article: Source


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