Excessive Speculation and Compliance with the Dodd-Frank Act
Permanent Subcommittee on Investigations
Location: Room 342, Dirksen Senate Office Building
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Member Statements
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Senator Carl Levin D (MI)Download Statement (48.2 KB)
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Senator Tom Coburn R (OK)Download Statement (35.4 KB)
Agenda
The Permanent Subcommittee on Investigations held a hearing on speculation in the commodities markets and implementation of the Dodd-Frank Act’s provisions on speculative position limits for futures, options, and swap contracts for oil and other commodities. Hearing witnesses included a panel of experts and the Chairman of the Commodity Futures Trading Commission.
Witnesses
Panel 1
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Paul N. CicioDownload Testimony (186.3 KB)PresidentIndustrial Energy Consumers of America
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Tyson T. SlocumDownload Testimony (152 KB)Director - Energy ProgramPublic Citizen
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Wallace C. TurbevilleDownload Testimony (1.42 MB)Derivatives SpecialistBetter Markets, Inc.
Panel 2
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The Honorable Gary GenslerDownload Testimony (105.7 KB)ChairmanU.S. Commodity Futures Trading CommissionWashington, DC