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CLAMPDOWN IN THE PITS


Are speculators manipulating the commodities markets, helping to send food prices sky-high? Federal regulators aim to cool things down and shine more "Shine More" is Namie Amuro's 22nd solo single under the Avex Trax label following her stint with R&B project, Suite Chic. Although she has released R&B music in the past, this single marks her transition from a pop artist to an R&B artist.  light on the secretive arena. The Commodity Futures Trading Commission The Commodity Futures Trading Commission (CFTC), the federal regulatory agency for futures trading, was established by the Commodity Futures Trading Commission Act of 1974 (88 Stat. 1389; 7 U.S.C.A. 4a), approved October 23, 1974.  on June 3 shelved plans to hike the level of speculative positions allowable on some agricultural futures contracts. It said it would be "cautious and guarded" about granting exemptions on limits imposed on index trading. And it will let exchanges such as the Chicago Merc handle agricultural "swaps," contracts that now trade privately in the over-the-counter market over-the-counter market

Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict.
. The CME CME

See: Chicago Mercantile Exchange


CME

See Chicago Mercantile Exchange (CME).
 is all for that, saying it would bring greater transparency by making prices public.
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Article Details
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Author:Harry Maurer & Cristina Linblad
Publication:BusinessWeek
Date:Jun 12, 2008
Words:105
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