US Commodity Futures Trading Commission monitoring SWFs
Posted by Editor on February 06, 2008 at 11:47 PM
Reuters reports that, “The top U.S. futures market regulator said on Wednesday it can adequately monitor sovereign wealth funds with billions of dollars to invest to make sure they don’t manipulate prices in oil, gold and other commodities. … ‘They are treated like any other participants in our markets,’ Commodity Futures Trading Commission Acting Chairman Walter Lukken said of the funds at the Reuters Regulation Summit.”
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