News, analysis and personal reflections on the markets & the financial sector

Friday, June 13, 2008

Lieberman wants to ban institutional investors from commodities

U.S. Sen. Joseph Lieberman, I-Conn., said he will propose banning institutional investors from the commodities markets. A committee he chairs meets next week to examine whether speculation has driven the prices of crops and fuel to record levels. Another proposal would strengthen regulations limiting the stake that each speculative investor can hold in a given market, Lieberman said.

more at http://www.nytimes.com/2008/06/12/washington/12trade.html

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