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CFTC Proposes Position Limits in Energy Futures Markets |
February 8, 2010
Previously published on January 26, 2010
The Commodity Futures Trading Commission (CFTC) today published in the Federal Register for public comment proposed amendments to its speculative position limit rules. The proposed rules would be the first expansion of CFTC-set speculative position limits to products beyond agricultural commodities. The proposed speculative position limits would apply to four energy commodities: (1) Henry Hub natural gas; (2) light sweet crude oil (West Texas Intermediate); (3) New York Harbor No. 2 heating oil; and (4) New York Harbor gasoline blendstock.
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The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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