Editorial: CFTC report debunks "speculator frenzy"

"The Commodity Futures Trading Commission has offered hard statistical data that financial trading hasn't been driving price moves," says The Wall Street Journal in an editorial that lauds the federal agency for "debunking the speculator frenzy," despite a summer of highly critical hearings before various congressional committees. "No doubt the politicians will keep trying to shoot the price messengers, but thanks to the CFTC they look increasingly silly in doing so."

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