The Regress aren't going to do a damned thing about it in an election year, and especially not when GS, MS, Merrill and the boys have bought so many Regresscritters. In theory, btw, all it takes is one ruling, just one, from CFTC, that reclassifies investment-banks-acting-as-agents for clients from ''commercials (aka hedgers)'', as they are now classified, to ''reporting traders (aka 'large specs')''. Crude would drop $30/bbl in a week or two, and $50-60 over 6 months' time. Sounds like we agree, so why the argument?
Btw, thanks for the offer of education, but I am also a futures trader.
You have, along with your odd attitude about specs, made multiple factually erroneous statements. Further, it is quite clear that you believe the futures mkts should be regulated by, among other things, the Fed's Reg T.
This latter notion, aside from being pure idiocy, indicates VERY clearly that you've exactly no concept of what ''margin'' in futures mkts is all about. Multiple practical examples on request.
If you trade in futures, I should strongly recommend that you learn about these points. However -- hey -- it's your capital that you put at risk by remaining ignorant. Not my problem.
Good luck to you. You'll need it.
FReegards!