Hans Ephraimson, CEO of DB Commodity Services LLC, stated that the CFTC’s proposal “finds no support in empirical evidence or regulatory precedent, it’s unduly onerous, will significantly limit the usefulness of the U.S. future markets to international traders, and is premature in light of pending congressional legislation.” [What CFTC’s Proposal for Commodity ETFs May Mean.]
There are hundreds of comments on the CFTC’s site. To read them, go here. To leave your own comment before the deadline is up, visit the CFTC’s website.
For more information on energy, visit our energy category.
Max Chen contributed to this article.
