Bloomberg News

CFTC Can’t Use Emergency Powers on Oil Speculators, Reuters Says

May 10, 2012

The Commodity Futures Trading Commission, the U.S. regulator, can’t currently use its emergency authority to impose trading restrictions on speculators in oil markets, Reuters reported, citing unidentified people familiar with a recent internal legal analysis.

To contact the reporter on this story: Rupert Rowling in London at rrowling@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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