National Grain And Feed Concerned At Proposed CFTC Rule

National Grain And Feed Concerned At Proposed CFTC Rule

The General Farm Commodities and Risk Management Sub Committee recently held their fourth hearing over the future of the Commodity Futures Trading Commission. The sub committee is trying to improve customer protections and prevent futures commission collapses.  National Grain and Feed Association President Randy Gordon says he’s concerned one of the proposed rules would have a negative effect on elevators and others who trade hedges.

Gordon says while that rule is intended to give more protections it would have the opposite effect.

The sub committee is hoping to come up with rules that ensure mistakes are caught quickly and  wrongdoing is made exceptionally difficult. This fourth hearing is expected to be the final one ahead of legislation to reauthorize the CFTC.

Recent Headlines

in Local

Iowa Opens 24 Hour Domestic Abuse Hotline

flip cell phone

A 24 hour domestic abuse hotline is now available in Iowa.

in Local

Twenty Years for the Iowa Environmental Council


The Iowa Environmental Council celebrated 20 years this weekend.

in Local

Watching Russia Carefully

air force

Nebraska Senator Deb Fischer says Russian military moves in Syria are concerning.

in Local

ConAgra HQ Leaving Omaha

money in wallet

ConAgra said this week it will move it;s corporate headquarters from Omaha to Chicago.

in National

Making headlines this week


A look at some of this week's biggest headlines and the newsmakers you may have missed.