From WSJ: The Commodity Futures Trading Commission is set Thursday to propose limits on positions energy traders can take, advancing a major piece of Chairman Gary Gensler's agenda after delays and some skepticism from commissioners.
The proposal is a response to criticism the agency faced in 2008 when crude-oil prices soared to $145 a barrel. Many in Congress blamed speculators and accused the commission of sitting by and letting it happen........................................Full Article: Source
|