August 11, 2010
The U.S. Commodity Futures Trading Commission will formally withdraw in coming days its proposed position limit rule for energy markets as it prepares to "repropose" new speculative curbs, Chairman Gary Gensler said on Wednesday.
The Wall Street reform law mandates the CFTC to impose position limits for all commodities -- not just energy contracts -- and across both exchange-traded and over-the-counter markets…
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Last Updated: August 17, 2010