HeatingOil.com’s Exclusive Interview with CFTC Candidate Sean Cota

Last week, Sen. Patrick Leahy of Vermont gave a full-throated endorsement to heating oil businessman Sean Cota to be the next commissioner on the Commodity Futures Trading Commission (CFTC) in the form of a letter to President Obama. The endorsement came at a crucial time for the heating oil industry—dealers and consumers have struggled with rapidly increasing heating oil prices in recent years, and new regulations under consideration by the CFTC offer the promise of lower, or at least less volatile, oil prices. Despite a recent mandate from Congress to enact new regulations on commodities trading known as the Dodd-Frank law, the CFTC is months behind on its task and faces serious political opposition to the proposed regulations.

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