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Fried Frank Harris Shriver & Jacobson LLP | USA | 10 Jul 2009

CFTC statement on speculative position limits and transparency initiatives

Commodity Futures Trading Commission (the "CFTC") Chairman Gary Gensler announced on July 7 several initiatives which are directed at fostering market integrity and improving market transparency in response to Congressional concern about excessive speculation in the futures markets and recent volatility in commodity prices.

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