EU To Crack Down On Commodities Speculators

Law360, London (December 1, 2016, 5:28 PM GMT) -- Europe’s executive arm on Thursday took steps to strengthen the regulation of commodities markets and curb price speculation as it signed off on the last remaining parts of the European Union’s sprawling securities reform project.

The European Commission is adopting standards that will define parameters for regulators to determine "position limits," or the maximum amount of commodity derivatives that can be held by a single trader, which represent a tool to help limit commodity speculation, support orderly pricing and prevent market abuse.

“Today's rules will contribute...
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