Broadcast Newsline: September 4, 2009
The National Cotton Council’s Chairman, Jay Hardwick, recently submitted a letter to Commodity Futures Trading Commission, or CFTC, Chairman Gary Gensler requesting the status of an ongoing investigation within the CFTC of the events in the future markets that occurred in March 2008.
This week’s Cotton Newsline is 2 cut. All cuts are Gary Adams, vice president of economics and policy analysis for the National Cotton Council.
Suggested introduction cut 1:
The National Cotton Council’s Chairman, Jay Hardwick, recently submitted a letter to Commodity Futures Trading Commission, or CFTC, Chairman Gary Gensler requesting the status of an ongoing investigation within the CFTC of the events in the future markets that occurred in March 2008. Gary Adams, vice president of economics and policy analysis for the National Cotton Council, says we are still feeling financial ramifications of those events in the industry.
Suggested introduction cut 2:
Adams believes it is critical for the industry to understand what occurred in the market in that March time frame.
