CFTC chief ready to crack down on speculators

Some interesting words from Bart Chilton, one of the U.S. Commodities Futures Trading Commission members,  about soon-to-come regulations on the amount of commodities a single investor can control.

“I don’t want commodity markets to become a private jungle gym for speculators,” Chilton said.

A noble goal, subject to a public comment session that doubtlessly will feature untold weeping and wailing from those at various levels of the jungle gym, including the usual suspects at the top.