[willgolfforfood]

This article is poorly written. In my current 401k options, I have an energy fund. It only buys stock in energy companies - it's prohibited from buying futures in energy markets, it can't take a leveraged position, etc. It's a generic vanilla stock fund, targeted at energy companies, is what I'm saying.

It's done very well for several years, obviously. But an ill-thought out regulation or new law from Congress could bust this thing pretty bad.

[AmericaUnited]

I’m referring to the outright buying of oil futures/EFP via the investment bank swap loophole.

[SAJ]

Never mind this article, no sane person is talking about prohibiting pension funds and other capital pools from investment in stock funds or directly in stock shares.

What is being discussed is chasing pension funds and university endowments from speculating in futures mkts, indirectly, via a device usually called an ''index product''. And this is a good and necessary idea -- as one poster just put it (paraphrased), 'Why are pension funds messing around in oil futures anyway?'