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On February 24, 2015, the US Commodity Futures Trading Commission reopened comment periods for two position limit draft rulemakings for an additional 30 days...
On February 24, 2015, the US Commodity Futures Trading
Commission reopened comment periods for two position limit draft
rulemakings for an additional 30 days, in order to accommodate
questions and comments that may have arisen from the Energy and
Environmental Markets Advisory Committee meeting, which took place
on February 26, 2015. The original positional limits proposed rule
was overturned in September 2012 based on the US district judge of
Washington's determination that the CFTC was not able to prove
the rule was "necessary to diminish, eliminate, or
prevent" excessive speculation. The comment period for the two
rulemakings will now close on March 28, 2015.
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