.@ChairmanHeath opening statement on #positionlimits. “Today’s proposal is a pragmatic approach that will protect our agricultural, energy, and metals markets from excessive speculation.”
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@ChairmanHeath: “It will ensure fair and easy access to these markets for businesses producing, consuming, and wholesaling commodities under our jurisdiction.”#positionlimitsPrikaži ovu nit
.@ChairmanHeath: “In effect, position limits should help ensure that prices in our markets reflect real supply and demand.” #positionlimits
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@ChairmanHeath: “Our proposal would also end the “risk management” exemption that has allowed banks, hedge funds, and trading firms to take large and purely speculative positions in agricultural markets.” –a directive by Congress nearly a decade ago.#positionlimitsPrikaži ovu nit -
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@ChairmanHeath: I also believe, as did Congress when it amended the Commodity Exchange Act, that position limits can help to “diminish, eliminate, or prevent” potential damage to the commodities markets that are so critical to our real economy.”#positionlimitsPrikaži ovu nit -
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@ChairmanHeath: “Today’s proposal is the culmination of 10 years of effort across 4 Chairmen’s tenures. I sincerely thank my predecessors, as well as Commission staff, who have worked so hard for so long to strike the right balance.” Full opening remarks: https://go.usa.gov/xdjQ5Prikaži ovu nit
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