CTFC Approves Re-Proposal of Position Limits Regulation

Orrick - Finance 20/20
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On December 5, 2016, the U.S. Commodity Futures Trading Commission (“CFTC“) unanimously approved to re‑propose rules that implement limits on speculative futures and swap positions. Separately, the CFTC also approved final rules on aggregation of positions, a component of the existing position limits framework. The comment period ends 60 days after publication of the re-proposal in the Federal Register. Release.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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