Wednesday, January 13, 2010

Previewing the CFTC proposal on position limits - Reuters

http://www.forexyard.com/en/news/PREVIEW-CFTCs-trading-proposals-might-not-be-too-tough-2010-01-13T202315Z

Brad Samples, an analyst at Summit Energy in Louisville, said he believes the CFTC's new limits will be more stringent than those now set by the New York Mercantile Exchange for the oil market.
But Samples doesn't expect the CFTC to be too vigorous enforcing any new regulations, saying, "the CFTC will look the other way except for the most egregious instances of violation."

No comments:

Post a Comment