Green | July 10, 2008 | 0 comments

CFTC's New Enforcement Head to Face Political Unrest: Oil Speculation Improvements???

source: http://www.bloomberg.com/apps/news?pid=20601087&sid=a5glx48Vx2nk&refer=home

Image
lavenderballoon
US lawmakers have beeen increasing pressure on the Commodities Futures Trading Commission (CFTC) as oil prices soar to record highs. Gregory Mocek has been replaced by Stephen Obie, who will serve as acting director of the regulating agency until the position is filled. Last month, US House of Representatives passed a bill requiring the CFTC to crack down on swaps in the energy futures markets by making use of existing powers, such as introducing position limits. (click on the link for full story)
  1. groups:
    News and Politics,   Politics,   Green,   US Politics
  2. tags:
    News and Politics,  Politics,  Green,  Economy,  9 more
  3.     
    |

0 comments // CFTC's New Enforcement Head to Face Political Unrest: Oil Speculation Improvements???

more from Green:
from the community

top videos