Paulie
Diamond Member
- May 19, 2007
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I would favor legislation that limits speculation to less than 15% of the total market value in any commodity. That is largely in place in many futures markets in grains, meat, and cotton today, in the US and UK, although its not federal statute but the rules in place in those exchanges. Limits on the number of traded contracts and daily limits on price moves.
He did ask for data, Zoomie. Could you at least accomodate him?