Tag Archives: Speculative-Price Nexus

After Costing Americans Billions, Federal Reserve Reexamines Banks’ Commodity Speculation

As featured on The Huffington Post: “The Fed regularly monitors the commodity activities of supervised firms and is reviewing the 2003 determination that certain commodity activities are complimentary to financial activities and thus permissible to bank holding companies” comments from Fed spokeswoman and reported by Bloomberg (“Fed Reviews Rule On Big Banks’ Commodity Trading after…
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