Political Quotes

Randy Neugebauer: I am concerned that the rule fails to distinguish between speculators on the one hand and certain broadly diversified…

On the recordDecember 12, 2012
I am concerned that the rule fails to distinguish between speculators on the one hand and certain broadly diversified, passive index funds on the other.

Editor's note · Context

Neugebauer expresses concern about a CFTC rule affecting commodity markets.

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I remain concerned that many of the Bureau's actions demonstrate a regulatory paternalism.

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Dec 12, 2012

Inappropriately applying position limits to such funds could significantly reduce investor access to commodity markets, shrink market liquidity, impede price discovery, and destabilize the market.

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We need to say, no, nobody believes it is going to happen.

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