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CFTC Weighing Broader Commodities Hedge Exemptions Pushed by BP
2014-09-06 09:25:56| Food - Topix.net
The main U.S. derivatives regulator is working to address energy and agricultural firms' concerns that rules meant to curb speculation in commodities could harm their business, according to the agency's chairman. The Commodity Futures Trading Commission, preparing to complete rules for so-called position limits, is debating the scope of exemptions for firms that use swaps to hedge business risks, Timothy Massad said yesterday in an interview with Bloomberg Television's Peter Cook.
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