| 09.07.2009 - US lawmakers want to close London ICE oil loophole |
| From Reuters: The Commodity Futures Trading Commission should repeal a measure exempting the IntercontinentalExchange's London exchange, where West Texas Intermediate crude oil trades, from most U.S. regulation, lawmakers said on Wednesday. Senators Maria Cantwell and Olympia Snowe said in a letter that the top U.S. futures market regulator must do more to increase transparency and oversight on foreign exchanges where U.S. oil contracts are traded........Full Article: Source |