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Letters

Oil Prices

Issue

OTC Derivatives→

Summary

SIFMA, along with the Commodity Markets Council (CMC), the Futures Industry Association (FIA), the International Swaps and Derivatives Association (ISDA), Managed Funds Association (MFA), and The Financial Services Roundtable (FSR) provides comments to the U.S. Congress contradicting the Stop Oil Speculation Now Coalition’s claims that speculation and futures and derivatives markets are the cause of rising prices. The group argues that the prices of oil are instead reflective only of supply and demand.

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Related Committee(s)

  • Government Relations & Communications
  • Swap Dealer Committee

Date

14

July

2008

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