Jan. 14 (Bloomberg) -- The Commodity Futures Trading Commission will take another step today in its efforts to rein in energy speculation, proposing hard limits on the number of futures a single investor can hold.
Swaps dealers, index funds and commodity traders have been waiting for the proposal since July and August, when the commission held hearings amid concerns that speculators drove oil prices to a record high of $147.27 a barrel in 2008.
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