As a result, while draconian prohibitions on the trading of certain products are still the exception rather than the rule, regulations to curb so-called excessive speculation, such as restrictions or bans on short selling, have been strengthened during and after the Great Financial Crisis.
The public is no longer willing to give the benefit of doubt to the view that what was good for the industry was good for the economy. Now, it is not sufficient for the futures industry to maintain that speculation itself is good. It must make the case that speculation actually brings about good outcomes.