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Testimony of CFTC Chairman Gensler The chairman's testimony discusses the changing nature of derivatives markets and reviews the CFTC's recently enacted final rule on position limits. Genlser's case for strict limits is based on his view that most trading in energy is by speculators and day traders. Analysis by Cadwalder : Position Limits Rumors Become Reality: CFTC Adopts Final Position Limits Rule Under Dodd-Frank. For more information about this document, you may contact one of the following Cadwalader attorneys: Paul J. Pantano , Jr.; Athena Eastwood; Jonathan Flynn Cross References: Dodd

CFTC Testimony April 14, 2011 In congressional testimony, CFTC Chairman Gary Gensler discusses his views with respect to issues related to the Financial Stability Oversight Council, reiterating his long-held view that the financial system should allow people to hedge their risk "without concentrating risk in the hands of only a few financial firms." Cross References Dodd-Frank Act, Title VII