CFTC Considering Tighter Controls on Commodity Trading.

[elleng]

The regulator of the U.S. futures markets is considering tough new rules to clamp down on speculative trading in energy and other commodities and will hold public hearings in the next few weeks to seek comment.

Commodity Futures Trading Commission Chairman Gary Gensler said in a statement on Tuesday that the agency will seek comments from consumers, businesses and market participants on whether to set position limits on all commodity futures contracts.

http://nytimes.com/reuters/2009/07/07/business/business-us-cftc-usa.html