Commodity speculators may face new limits

Filed under: AM Roundup |

Speculators in oil, wheat, gold and other commodities might face new limits as the top derivatives regulator meets today to vote on a proposal to curb the practice.

Bloomberg.com is reporting the agency will vote on a rule to limit the number of contracts a single company can own.

The move comes after years of debate and record-high prices.

Read more at bloomberg.com.