Time runs out for position limits comments

CFTC’s latest position limits plan attracts thousands of comments; opinion deeply divided; new commissioner to affect final vote

stopwatch

Reservations remain among firms involved in commodity trading about a new position limits regime that could be implemented under the Dodd-Frank Act, while support continues from anti-speculation campaigners.

The plan to impose position limits on 28 physical commodity derivatives has been one of the most controversial proposals made by the CFTC as part of the rulemaking process for derivatives market reform, which kicked off last October. The general public has had since January to examine and

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