Court Nixes CFTC Position Limits
A U.S. District Court judge in Washington, D.C., has ruled that the U.S. Commodities and Futures Trading Commission’s proposal for position limits in the commodity markets can not take effect in October as planned. The agency failed to determine as mandated by Congress whether the measure was necessary “to diminish, eliminate or prevent” excessive speculation, according to the court.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: