29.04.2010 - Banks and energy companies fight derivatives reform
From Telegraph: Banks and energy companies have joined forces to try to persuade the US derivatives regulator not to impose curbs designed to cap the number of contracts a trader can hold in specific markets. Royal Dutch Shell said that the US Commodity Futures Trading Commission's (CFTC) plan to impose the caps in oil and natural gas futures markets "will impose new costs and risks" and "could impair the efficient operations of the energy derivatives market"........................................Full Article: Source
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