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Market Currents

Wednesday, October 7, 2009
12:06 PM TweetThis
  • In another step in its clampdown on speculation, the CFTC considers further closing the "Enron loophole" that exempted many over-the-counter energy trades from regulation. The commission will examine 17 natural gas and power contracts for "significant price discovery function," meaning they should be regulated.

This news story has 3 comments:

  •  
    Plug every loophole you can find.
    2009 Oct 07 12:12 PM Reply
  •  
    The "Enron loophole" should have gone out with Enron. Now is eight years later.
    2009 Oct 07 12:18 PM Reply
  •  
    Funny how they are looking at it now trying to prevent the rise in the oil price. Oil price is rising because of the dollar weakness. Stop printing money, if you want to get oil going lower.
    2009 Oct 07 12:28 PM Reply
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