Commodity traders cheer CFTC record-keeping fix

Regulator softens Dodd-Frank rule that energy and grain traders saw as burdensome

field-of-ripe-wheat-ears-closeup
Grain traders complained that CFTC rule 1.35 was onerous

End-users of commodity derivatives have applauded a December 18 move by the US Commodity Futures Trading Commission (CFTC) to ease a three-year-old rule that had forced them to retain copious re