17.12.2014 - Levin seeks crackdown on physical commodities
Sen. Carl Levin has introduced a bill seeking to crack down on trading on inside information in physical commodities, the first such legislation limiting Wall Street banks' ability to deal in physical markets from crude oil to aluminum. The bill, co-sponsored with Republican John McCain, is seen as the Michigan Democrat's parting swipe at Wall Street before he retires in January. He has previously accused Goldman Sachs and other banks of manipulating physical commodity markets............................................Full Article: Source
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