CFTC's crude-oil suit might spur calls for trading limits:

05/25/2011 | Bloomberg

Insiders said a lawsuit brought by the Commodity Futures Trading Commission against oil traders might spur calls for limits on speculative trading. The lawsuit might "highlight the need for speculative limits in some people's minds because they perceive it as a simple solution," said David Hackett, president of Stillwater Associates. The Dodd-Frank Act calls for position limits to curtail speculative trading, but CFTC commissioners are split on the issue.

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