CFTC adopts rule to limit commodity speculation
Story Date: 10/21/2011

 

Source: Sarah Gonzalez, AGRI-PULSE, 10/19/11
 

The Commodity Futures Trading Commission (CFTC) adopted the controversial position limits rule under the Dodd-Frank Act. The rule, approved yesterday with a 3-2 vote, aims to curb sharp price increases by capping the positions firms can take on certain commodity contracts.

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