Speculators Feel the Heat as Demand for Tighter Regulation of Oil Contracts Rises
Jul 9th, 2009 | By Jason Simpkins | Category: Financial News, Oil Investment & Alternative EnergyThe Commodity Futures Trading Commission (CFTC) may impose stricter limits on commodities speculators who are believed to be behind the main force behind wild swings in the futures markets over the past two years. The investigation has the support of politicians seeking greater price stability for the global economy and consumers, but traders argue that such restrictions will only reduce market liquidity and not necessarily prices.