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After the ruling, the commodity commission revamped the position limits rule to better account for the regulation's costs and benefits.
That is why Turo would support a limits rule if the data shows the need.
The Commodity Futures Trading Commission, fearful of legal challenges, delayed its position limits rule on multiple occasions.
The so-called position limits rule will cap the number of derivatives contracts a trader can hold on 28 commodities.
The Commodity Futures Trading Commission, mindful of possible legal challenges, delayed voting on its position limits rule on multiple occasions.
"I will continue to push hard for a position limits rule, as mandated by Congress," Mr. Chilton said in a statement on Friday.
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Position Limits Ruling.
Without "Silent Spring" there would have been no environmental movement and hence no Environmental Protection Agency, and Christie Whitman would still be governor, having been awarded an exemption to the term-limits rule back in the euphoria of the good ol' days.
The commission's adoption of the position-limits rule, which is expected to take effect in part later this year, was seen as a crucial step in the Obama administration's effort to enforce the Dodd-Frank Act, the regulatory crackdown passed in response to the financial crisis.
A term-limit rule prevents him from running again in the next round of elections, in 2015.
He was re-elected last year and says he will not run again, citing his personal term-limit rule.
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