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Senators Urge CFTC Nominee to Protect Farmers as Markets Evolve; Concerns Raised Over 24/7 Trading and Position Limits
Summary
Committee members pressed nominee Brian Quintenz to ensure agricultural end users and hedgers retain protections as markets consider extended trading hours and new product types; Quintenz pledged to prioritize agricultural stakeholders and existing risk‑management tools.
Senators representing farm states told Brian Quintenz they expect the Commodity Futures Trading Commission to preserve the integrity and utility of agricultural futures markets as new market structures emerge.
Quintenz said he has traveled to multiple states to meet producers and end users and pledged to continue sponsoring the CFTC’s agricultural advisory committee. “I would pledge to you to ensure that the agency focuses on its true mission, that…
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