CFTC presses on with position limits proposal

Concerns remain over position limits for commodity traders under Dodd-Frank Act as CFTC issues plan for public comment

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The regulator responsible for implementating the Dodd-Frank Wall Street Reform and Consumer Protection Act voted on a proposal to impose position limits on physical commodity derivatives today. The details of the proposal will now be published in the Federal Register for public comment before the Commodity Futures Trading Commission (CFTC) takes a final vote on the rule-making.

After a vote was delayed on December 16, 2010, the plan was voted through by four CFTC commissioners today, and will now

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