More Regulation Sought for Exempt Commercial Markets.

The article reports that acting U.S. Commodity Futures Trading Commission Chairman Walter Lukken will ask the Congress for increased authority to regulate Exempt Commercial Markets, where certain commodities such as energy products are traded by institutions. That linkage was not anticipated when the Modernization Act was passed several years ago, Lukken says in prepared testimony for the House Agriculture General Farm Commodities and Risk Subcommittee.