Curb your energy

  When the US Commodity Futures Trading Commission (CFTC) announced last month proposals to curtail positions in the energy markets, many people in the ETF community breathed a sigh of relief.  “These proposals are much better than the worst fears in the ETF world a few months ago that they would be driven from the commodities market,” said Kenneth Raisler, former general counsel at the CFTC and lawyer at New York-based firm Sullivan & Cromwell, which advises a number of ETF providers.  The CFTC currently sets position limits in some agricultural commodities, and has done so for ma...