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Old 05-15-08, 03:17 PM   #5 (permalink)
djetaine
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Join Date: Aug 2002
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1. Close the ENRON LOOPHOLE

In 2000, Enron lobbyists seeking to exempt energy commodity trading from federal oversight were successful in passing the “Enron Loophole.” Enron exempted energy trading from federal commodities laws pertaining to certain types of trading environments, such as electronic environments. Virtually overnight, the loophole freed over-the-counter energy trading from federal oversight requirements, opening the door to excessive speculation and energy price manipulation. While Enron is long gone, its legacy remains. It is time to put “energy” back into federal law where Enron had it removed, and close the loophole once and for all!
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