Energy firms hammer CFTC over position limits rule

Exemptions for bona fide hedging are too limited, companies say

CFTC in Washington, DC

Energy companies have urged the US Commodity Futures Trading Commission (CFTC) to overhaul its proposed rule on speculative position limits to ensure it does not prevent them from engaging in commercially justified hedging transactions.

At a February 26 meeting of the CFTC's Energy and Environmental Markets Advisory Committee (Eemac), industry groups complained bitterly about the proposed rule, which the commission is seeking to finalise this year. The rule would impose both spot-month and non

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

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