Market participants are encouraged to submit further comments to the Commission.
The Commodity Futures Trading Commission (CFTC) on May 27, 2014 announced that it will hold a public roundtable at the CFTC on Thursday, June 19, 2014 to discuss two proposed rulemakings:
• The Position Limits Re-Proposed Rule that would establish specific limits on speculative positions in 28 physical commodity futures and option contracts as well as swaps that are economically equivalent to such contracts.
• A related proposed rule addressing the circumstances under which market participants would be required to aggregate their positions with other persons under common ownership or control – the Aggregation Proposal.
Please see full Alert below for more information.
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Topics: Aggregation Rules, CFTC, Commodities, Market Participants, Proposed Regulation, Public Comment, Rulemaking Process, Swaps
Published In: General Business Updates, Finance & Banking Updates, Securities Updates
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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