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“But in order for the financial industry to tap this new business area, market access had to first be expanded. It was strictly regulated, and for good reason. The finance industry’s lobbyists got to work, and succeeded in 1999, when the US Commodities Futures Trading Commission substantially deregulated the futures markets. Now banks were permitted to hold large positions in commodities securities.”
http://www.spiegel.de/international/world/0,1518,783654-2,00.html
