April 1, 2010

Regulator seeks to rein in energy market trading by big Wall Street firms

By David Cho

Washington Post Staff Writer

The nation's commodities regulator is proposing to limit the vast amounts of oil, natural gas and other vital goods the world's biggest investment firms can buy and sell, seeking to eliminate the unfettered access these companies have had to energy markets for 20 years.

The rule would also force this highly lucrative trading into daylight, requiring for the first time that the public be told which companies have special permission to trade commodities with virtually no constraints.

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Last Updated: February 25, 2011