Media Mentions

2008

Peter Y. Malyshev was quoted in the June 13 issue of Securities Law360 in an article regarding claims that growing speculation in commodities markets is the cause of rising oil and food prices in the United States.  Mr. Malyshev noted, however, that speculators play an important role in the functioning of commodities markets and that restricting their activities may not be advisable.  "If you drastically restrict speculation, speculators will exit the markets, there will be little liquidity, and the markets will likely dry up or move offshore.  With no speculators, there is limited liquidity and less effective hedging and such commodity markets will serve limited price discovery functions as well," he said.

Peter Y Malyshev, Energy and Derivatives Markets

McDermott Will & Emery

McDermott Will and Emery