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Politics : Ask Michael Burke

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To: LowtherAcademy who wrote (103432)2/25/2006 9:08:18 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Lew, He hit on a solid point amidst all his bombast. Why is an ETF that uses commodities, regulated by the SEC instead of the CFTC? No sane reason I know about. But, if the ETFs have CFTC regulation at some point, I don't see the problem. The CFTC did a bang up job protecting folks from Refco. <G>
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