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Article: American Soybean Assoc. opposes CFTC nominee. (American Soybean Association, Commodity Futures Trading Commission, Margot Machol)
- Article from:
- PR Newswire
- Article date:
- October 2, 1989
CopyrightCOPYRIGHT 1989 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AMERICAN SOYBEAN ASSOC. OPPOSES CFTC NOMINEE
ST. LOUIS, Sept. 30 /PRNewswire/ -- The American Soybean Association (ASA) has opposed the nomination of Margot Machol as a commissioner of the Commodity Futures Trading Commission (CFTC) and has asked President George Bush to withdraw the nomination.
ASA first vice president and Virginia farmer M.N. (Buck) McCann told President Bush in a letter that soybean farmers are still angry over the apparent haphazard operation and regulation of U.S. commodity futures markets.
McCann said a recent poll commissioned by ASA revealed that 57 percent of the farmers polled want more federal regulation of the ...