Let exchanges set position limits – CFTC commissioners

cftc-pic-6 — The CFTC is expected to re-propose a position limits rule within six months

Dan DeFrancesco
18 Oct 2018

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Two commissioners at the US Commodity Futures Trading Commission – from opposite sides of the aisle – have said they believe exchanges, and not the CFTC, should set position limits on commodity exposures.

Dan Berkovitz, a Democratic commissioner who was sworn in last month, said he thinks the trading venues are best suited to setting position limits given the CFTC’s limited budget.

“I like the proposal where the exchanges are going to be implementing some of these limits, because we just can’t

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: http://subscriptions.risk.net/subscribe

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

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

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]