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Some U.S. industries say Wall Street commodity bets a help

Posted on 02 October 2013

Several of America’s largest enterprises including Boeing Co (BA.N) and United Parcel Service Inc (UPS.N) warned the Federal Reserve on Tuesday that restricting Wall Street’s trading in physical commodity markets could harm their business.
The U.S. Federal Reserve is reexamining a decade-old decision to allow banks to trade in raw materials, as well as their associated derivative markets. Critics of the decision say it has given banks too much sway over the supply chain………………………………………..Full Article: Source


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