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CFTC's Gensler mulls next step for position limits

Tuesday, October 02, 2012 - 01:24

Oct. 2 - CFTC Chairman Gary Gensler is considering whether or not to appeal against a court ruling that threw out the agency's position limits rule.

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Congress that I believe it is clear. We have to expand that to the swaps and futures world. Their energy and metals and agricultural products. I've been here in Europe. Need to get back and hear from her lawyers. But I believe it was clear message from congressman time that we put these in place I think they help. Protect the markets. -- market integrity so I look forward to working. My fellow commissioners to do just that. Well I it's. Anyone's right to going to court. But I think that position amendments have helped the markets protect against corners squeeze is doing delivery periods. I think they also help to. Integrity of markets that no one party has. Concentrator outsized positions so. Continued forward it vice. Attorneys and -- do. It is part of our democracy and it's going to court and when judges rolling consider what they do we consider whether to appeal and so forth.

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CFTC's Gensler mulls next step for position limits

Tuesday, October 02, 2012 - 01:24