:: Changes to commodities regulations expected: report

ben_meyers (1000+ posts)

Sat May-31-08 08:35 PM Original message

Changes to commodities regulations expected: report

Edited on Sat May-31-08 08:38 PM by ben_meyers The entire 1999 law repealing the Glass-Segal Act needs to be changed. The deregulation of the financial markets is killing us. ... NEW YORK (Reuters) - The U.S. commodity markets' chief regulator will unveil policy changes next week meant to address public and political concerns that market malfunctions may be contributing to rising food and energy prices, The New York Times reported on Saturday.(snip) Facing mounting political pressure and farm industry demands, the CFTC is expected to outline measures to address the role played by new financial investors in the futures markets, the Times said, in particular those who invest through commodity index funds, which have grown from a $13 billion stake in 2003 to some $250 billion this year, it said. http://news.yahoo.com/s/nm/20080531/bs_nm/usa_cftc_pric... http://www.streetsmartreport.com/school/Commentaries/My...