US FTC issues revised proposed rule on oil market price manipulation

摘要

Washington-The US Federal Trade Commission April 16 issued a revised proposed rule prohibiting oil market price manipulation that it says more precisely defines manipulative or deceptive practices."Like the initially proposed rule (published on August 19, 2008), the revised proposed rule would prohibit conduct that injects false information into market transactions," the agency said. "However, the revised rule more precisely identifies the conduct prohibited and thus achieves a more appropriate balance between consumer protection and compliance burdens."