To avoid a repeat of 2008 when food and energy prices in Europe reached record highs, the European Commission is considering regulating the commodities markets.

 Referring to provisions in the Dodd-Frank bill that will require the Commodities Futures Trading Commission to set limits on the number of futures contracts any one trader can hold, Michel Barnier, the EU commissioner in charge of financial regulation, said: “I don’t think there’s any reason why we Europeans should be less rigorous than the Americans.”

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.