from Reuters:
Some fear new rules to curtail speculation could make markets less efficient by reducing trading volumes and moving traders to offshore exchanges. Fewer speculators would mean fewer traders willing to absorb risk and lead to higher prices.
Imagine that! Excessive regulation leading to higher prices and shortages! When hasn't that been the case! Just look at what Chavez has done to Venezuela as the latest example. Also, as speculators send their capital elsewhere, the capital flight will crush the Dollar, which -- surprise -- leads to higher commodity prices!
