Regulatory Alerts2013-12-12 | 2013-27200Position Limits for Derivatives
The Commodity Futures Trading Commission proposes to amend regulations to establish speculative position limits for 28 exempt and agricultural commodity futures, options, and economically equivalent swaps in compliance with the Dodd-Frank Act. The proposal updates definitions of bona fide hedging, revises exemptions from position limits, and extends reporting requirements for persons claiming such exemptions. Additionally, the Commission proposes to update rules and guidance for Designated Contract Markets and Swap Execution Facilities regarding exchange-set speculative position limits and position accountability levels.
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