Chilton Says Position Limits Won't Work Without OTC Rule: Video
147 views · Published 23 March 2012 · 3:25 · Indexed 27 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
Jan. 14 (Bloomberg) Bart Chilton, a commissioner at the Commodity Futures Trading Commission, talks to Bloombergs Peter Cook about the outlook for a proposal by the CFTC to propose hard limits on the number of energy futures a single investor can hold.
Chilton, speaking from Washington, said the proposed limits will not lead to traders moving assets overseas. Swaps dealers, index funds and commodity traders have been waiting for the proposal since last June, when the commission held hearings amid concerns that speculators drove oil prices to a record high of $147.27 a barrel in 2008. (Source: Bloomberg)
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