The Commodity Futures Trading Commission has voted 3-1 to propose a limit on traders' positions in commodities, including wheat, oil and gold. A year ago, a U.S. judge thwarted the CFTC's previous attempt to issue a position-limit rule. The proposal is intended to tamp down price surges. The financial industry is expected to express concerns about the proposal. Read SIFMA's statement about the proposal.
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