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CFTC staff recommends appeal of commodity limits ruling: source

Posted on 10 October 2012

Staffers at the Commodity Futures Trading Commission have recommended that the regulator appeal a judge’s ruling against federal limits on commodity market speculation, and commissioners are nearing a decision on the matter, according to a CFTC official.
The CFTC general counsel is circulating a memo asking the five CFTC commissioners to vote on an appeal, according to the official, who had direct knowledge of the situation and spoke on condition of anonymity………………………………………..Full Article: Source


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