U.S. Lawmaker to Push For Crackdown on Speculation

Americans for Financial Reform was mentioned in this New York Times Dealbook article about Senator Cantwell’s support for greater regulation of futures markets and derivatives.  From the article:

A key U.S. lawmaker is set to join forces with several business groups on Wednesday to call for Congress to end the “reckless speculation” in commodity markets as the Senate prepares to take on financial reform, Reuters reports.

Senator Maria Cantwell, a Washington Democrat, will advocate for more regulation of futures markets and derivatives at a press conference at Wednesday afternoon, with Americans for Financial Reform and the Commodities Markets Oversight Coalition.

To read the full piece, click here.  For more details about this event, click here.