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The US Commodity Futures Trading Commission ("CFTC") reopened the comment period, and issued a clarification regarding the reopened comment periods, for two position limit rulemakings.
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Pursuant to a notice published in the Federal Register on
January 5, 2015, the US Commodity Futures Trading Commission
("CFTC") reopened the comment period, and issued a
clarification regarding the reopened comment periods, for two
position limit rulemakings. On December 9, 2014, the CFTC
Agricultural Advisory Committee convened to discuss, among other
things, deliverable supply exemptions for hedging positions. To
allow commenters enough time to respond to questions raised at the
meeting, the CFTC extended the comment periods for an additional 45
days. The CFTC clarified that, in addition to commenting on agenda
issues pertaining to agricultural commodities, comments may also
include the issues raised at the meeting or in the associated
materials posted to the CFTC's website. The comment period
closes January 22, 2015.
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