Carl Levin actually said...

The problem is that there is an embedded option inside of the futures contract for below-market cost of storage.

Levin discusses the complexities of futures contracts and their impact on market prices.

07/20/2009

More Carl Levin Quotes

Does that trouble you? Are you OK with it?

The rule that came from the CFTC makes a distinction between commodity swaps that reference a single commodity, like oil, and those that ref...

By the way, we did actually stop it in the Senate.

All right. Let us try another round. I want to move to high-frequency trading.