• CFTC Proposes Amendments to Aggregation Requirements for Position Limits
  • May 31, 2012
  • Law Firm: Skadden Arps Slate Meagher Flom LLP - New York Office
  • On May 30, 2012, the Commodity Futures Trading Commission (CFTC) published in the Federal Register a notice of proposed rulemaking (Proposal) that, if adopted, would broaden key exemptions from and make what the CFTC characterizes as “technical changes” to the aggregation requirements under the position limits rule (Final Rule) adopted in November 2011. These proposed amendments are being issued, in part, in response to a petition for exemptive relief that was submitted by the Working Group of Commercial Energy Firms in January 2012. The comment period on the Proposal ends on June 29, 2012.