On December 1, 2014, the US Commodity Futures Trading Commission ("CFTC") announced that it will reopen the comment period for 45 days on its Position Limit Rulemaking, which relates to a crackdown of speculation in energy, grain and metal markets. The intention is to provide commenters with a sufficient period of time to respond to questions raised at the Agricultural Advisory Committee meeting scheduled for December 9, 2014. The deadline for the comment period is January 22, 2015.

Further information can be found in the Federal Register available at: http://www.cftc.gov/ucm/groups/public/@lrfederalregister/documents/file/2014-28482a.pdf.

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