Quote:
Originally Posted by OICU812
What did the dems do about this, after running on reforming this issue, back in 2007, before they won both houses of congress?
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In an unusual move, 19 U.S. senators late last week filed a friend of the court brief in support of the CFTC, pushing back on the suit filed by the International Swaps and Derivatives Association and the Securities Industry and Financial Markets Association.
The senators, 18 Democrats and one independent, all sit on committees with jurisdiction over oil trading, finance and Wall Street. They said in their brief that they intended to assist the court in understanding what the legislative intent was on speculative position limits called for in the revamp of financial regulation.
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