21-Apr-2010 3:24 PM
US tackles jet fuel volatility: Commodities speculation bill introduced, hailed by industry
Analysis
The US aviation industry hailed the introduction of the Wall Street Transparency and Accountability Act of 2010 regulating the USD650 trillion opaque over-the-counter and the security-based swaps markets and is designed to "close loopholes, increase transparency and promote stability in the commodity markets," according to the Air Transport Association.
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