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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (85212)	8/14/2007 12:45:42 PM
From: CalculatedRisk	Read Replies (3) \| Respond to of 306849

US CFTC says it can't halt Sentinel's redemptions today.reuters.com The U.S. Commodity Futures Trading Commission has no authority to grant Sentinel Management Group's request to halt client redemptions, an agency official said on Tuesday. "The CFTC has no authority in this area," the CFTC official, who asked not to be identified, told Reuters. "This isn't something we do. "We have no role in whether or not the company does this and whether the client accepts it," the official said.