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Commodity Futures Subject to New Federal Limits.

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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 02:56 PM
Original message
Commodity Futures Subject to New Federal Limits.
Source: nyt/ap

Federal regulators have capped the volume of futures trading for 28 commodities, with an eye to clamping down speculative trading. The action Tuesday by the Commodity Futures Trading Commission affects futures contracts for agricultural commodities, energy and metals that are traded on several U.S. exchanges.

Read more: http://www.nytimes.com/aponline/2011/10/18/business/AP-US-Financial-Overhaul-Speculation-Glance.html?_r=1&hp
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RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 02:58 PM
Response to Original message
1. We'll see.
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Gari Donating Member (74 posts) Send PM | Profile | Ignore Tue Oct-18-11 03:27 PM
Response to Original message
2. It's a start. NT
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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 03:37 PM
Response to Reply #2
3. Yes, long awaited, and perfectly harmonious w OWS.
Edited on Tue Oct-18-11 03:39 PM by elleng
Maybe we should let Chair and members know we approve.
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1monster Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 04:14 PM
Response to Original message
4. That's a good start.
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lsewpershad Donating Member (964 posts) Send PM | Profile | Ignore Tue Oct-18-11 06:05 PM
Response to Original message
5. About time.
Dickheads.
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sueh Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-18-11 11:03 PM
Response to Original message
6. Good news, for a change.
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SpartanDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-19-11 01:41 PM
Response to Original message
7. good
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Dover Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-19-11 02:29 PM
Response to Original message
8. Terrific. And prevent water from being a traded commodity entirely.
Edited on Wed Oct-19-11 02:34 PM by Dover
Will water become a trade commodity in the future?

http://www.investopedia.com/articles/06/Water.asp#axzz1bG3Efr00


http://www.quora.com/Economics/Will-water-become-a-trade-commodity-in-the-future
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