Lieberman proposes limits on commodities trading

05/21/2008 | NYTimes.com

A Senate leader has proposed limiting buying and selling by large institutional investors in commodities markets. Sen. Joseph Lieberman, D-Conn., said the legislation would be aimed at speculators. The chief economist for the Commodity Futures Trading Commission said while institutional investors have moved into commodities, they are not solely responsible for driving up prices.

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