“While today’s proposal is a step in the right direction, we are concerned that the proposed limits may be too high to rein in damaging speculation in oil and gas markets. The CFTC must set the limits at a level that does not allow excessively high speculative positions that ultimately harm energy consumers,” he added.
Rep. Ed Markey

“I will be carefully reviewing the details of the CFTC's proposed rules to make sure that they go far enough to protect the markets and energy consumers,” he said in a prepared statement.
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