Monday, April 5, 2010

AFIA pushes for CFTC proposal

The American Feed Industry Association (AFIA) recently urged the Commodity Futures Trading Commission (CFTC) to implement a proposal that would uniformly enforce speculative position limits, enhance transparency and improve the regulation of all individuals who trade certain energy commodities.
AFIA, representing the makers of livestock feed, petfood and related ingredients, expressed its members’ views on the matter in formal comments submitted to the agency, characterizing the CFTC proposal as a “very positive step forward for the specified energy contracts.”

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