Senators to CFTC: Fulfill Mandate to Curb Excessive Oil Speculation

On Monday, 70 Senators wrote the CFTC Commissioners urging them to fully implement provisions designed to curb excessive oil speculation, as mandated by the Dodd-Frank Act of 2010.  The CFTC was required by the Act to issue and enforce position limits to limit excessive oil speculation, but has missed its deadline by more than a year.

http://www.sanders.senate.gov/imo/media/doc/030512-CFTCSignedLetter1.pdf

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