CFTC chairman vows to 'get it right' on position limits

Chairman reassures farmers upset about proposed hedge exemptions


The US Commodity Futures Trading Commission (CFTC) is working hard to ensure its controversial new rule on speculative position limits will not impair commercial firms' ability to use derivatives to manage risk, says CFTC chairman Timothy Massad.

Massad's comments came at the conclusion of a December 9 meeting of the CFTC Agricultural Advisory Committee, in which US farmers and ranchers pleaded with the commission to adopt a broader set of bona fide hedging exemptions to its proposed position

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: