Commodity exchanges and oil and gas producers are railing against the Obama administration's announcement this week that it will consider imposing tough new regulations on speculators in energy futures markets. The industry is concerned that the proposed new rules will make it more difficult for energy producers and consumers to hedge price risk. The fear is that traders will abandon regulated futures markets like the New York Mercantile Exchange (Nymex) and seek out foreign or over-the-counter (OTC) markets where there is less oversight
展开▼
