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CFTC proposes commodity trading curbs

Regulator voted to propose rules which were attacked by the financial industry last month

US futures regulators issued draft proposals to curb speculative trading in commodities, over the objections of Wall Street groups that said the restrictions would harm markets

The Dodd-Frank financial law passed in July gave the Commodity Futures Trading Commission power to set trading curbs in commodities after critics blamed a 2008 spike in oil prices on speculators.

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