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Commentary by Scott Cammarn

The Senate Homeland Security and Governmental Affairs Committee's Permanent Subcommittee on Investigations published a majority and minority staff report titled "Wall Street Bank Involvement with Physical Commodities." The report was released in conjunction with hearings, which are scheduled for November 20-21, 2014, regarding the physical commodities activities of bank holding companies. The report focuses on the role of banks and bank holding companies in the physical markets for commodities and related businesses. It presents case studies of the three largest U.S. bank holding company