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On 27 June 2014, the CFTC announced a 30-day extension of the
comment period for two rulemakings: (i) a proposal to which would
establish speculative position limits for 28 exempt and
agricultural commodity futures and options contracts and the
physical commodity swaps that are economically equivalent to such
contracts ("Position Limits Proposal"), and (ii) a
proposal to amend existing regulations setting out the CFTC's
policy for aggregation under its position limits regime
("Aggregation Proposal"). All comments on the two
rulemaking proposals are due by 27 July 2014.
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guide to the subject matter. Specialist advice should be sought
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