Hamm applauds investigation of Chicago Mercantile Exchange



Oklahoma oilman Harold Hamm says the response to a request of the Domestic Energy Producers Alliance for an investigation of the Chicago Mercantile Exchange is a good first step.

Hamm, founder of Continental Resources made the request last month for an investigation in which he blamed the C-M-E for causing oil prices to plunge into negative territory.


It was April 21 when Hamm sent a letter requesting the Commodity Futures Trading Commission investigate whether “potential market manipulation failed systems or computer programming failures” was behind the price crash.