Article: FEINGOLD CALLS FOR GAO STUDY OF CHEESE TRADING ON CHICAGO MERCANTILE EXCHANGE


Capitol Hill Press Releases
07-14-2006
For Immediate Release Feingold Calls For GAO Study of Cheese Trading on
Chicago Mercantile Exchange Contact: Zach Lowe - (202) 224-8657 July 14,
2006 Washington, D.C. - U.S. Senator Russ Feingold (D-WI) is calling on
the Government Accountability Office (GAO) to study if cheese trading on
the Chicago Mercantile Efexchange (CME) is susceptible to price manipulation
and suggest improvements that may be needed. Feingold, along with Senators
Arlen Specter (R-PA) and Hillary Rodham Clinton (D-NY), took the lead in
writing GAO Comptroller General David Walker requesting the study nearly
ten years after price manipulation was uncovered in cheese trading on the
old ...

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