February 24, 2015
CFTC Provides Notice of the Reopened Comment Period for its Rulemaking Proposals on Position Limits for Physical Commodity Derivatives and Aggregation
Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC or Commission) has submitted for publication in the Federal Register a notice reopening the comment periods for the two Position Limit rulemakings, in anticipation of questions and comments that may arise from the Commission’s Energy and Environmental Markets Advisory Committee (EEMAC) meeting scheduled for February 26, 2015. The EEMAC meeting was announced in CFTC Press Release 7121-15 on February 12, 2015.
In addition, and in connection with the EEMAC meeting, the Commission is providing counts of the unique persons over specified percentages of the 28 proposed position limit levels (currently provided in Table 11 of the Position Limits Proposal based on counts from the period of January 1, 2011 to December 31, 2012 period) in a new table, Table 11a, based on counts from the period of January 1, 2013 to December 31, 2014.
To provide commenters with sufficient time to respond to questions raised and points made at the EEMAC meeting, as well as to provide an opportunity to comment on Table 11a, the Commission will reopen the comment periods for an additional 30 days. The comment periods will close on March 28, 2015.
The notice will appear in the Federal Register on Wednesday, February 25, 2015. Comments may be submitted electronically through the CFTC’s Comments Online Process. All comments will be posted on the CFTC’s website.
Last Updated: February 25, 2015