On the recordMarch 23, 2015
the CFTC's proposal unduly focuses on 'limiting the activity of commercials in hedging in the markets,' which in turn increases the risk of pricing commodities.
Source
congress.govthe CFTC's proposal unduly focuses on 'limiting the activity of commercials in hedging in the markets,' which in turn increases the risk of pricing commodities.
Neugebauer warns that CFTC's proposal may harm commodity pricing.
Share
More from Randy Neugebauer
I am not a big fan of the SIFI designation because I believe it is an implicit designation of an institution being too-big-to-fail.
I think it's unconstitutional usurpation of power in the name of environmental activism.
What we do know is that there is kind of a trend here, that government doesn't do a good job at pricing risk.
the CFTC has not put forward any reasonable explanation for not including historically accepted transactions as bona fide hedges under the proposed rule.