Anyone know the reason for why futures get the significant 60/40 blended rates? I thought of a few ideas: -Futures contracts are continuously cycled so that buying and selling contracts is necessary (but then why not require a minimum holding period? -Futures are used by the commercials to hedge risks -Some sort of political motivation? I read that Hilary Clinton made huge (and questionable) returns shorting cattle futures during a bull market. So maybe futures are a favorite of politicians and their friends. Or big oil (and other industries) wants heavy speculation to go on and the tax incentives fuel people to get into the futures markets.