CFTC to Appeal Federal Court Decision to Vacate Position Limits Rule

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[authors: Kevin M. Foley, Adam J. Spector]

In a 3-2 vote, the commissioners of the Commodity Futures Trading Commission voted to appeal a federal court’s September decision vacating the position limits rule. In a statement, the CFTC stated that enforcement of the position limits rule is “critically important” to the marketplace.

More information on the appeal can be found here.