Commodity Futures Trading Commission August 18, 2010 – Federal Register Recent Federal Regulation Documents
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Federal Speculative Position Limits for Referenced Energy Contracts and Associated Regulations
On January 26, 2010, the Commodity Futures Trading Commission (``CFTC'' or ``Commission'') proposed to implement position limits for futures and option contracts based on a limited set of exempt commodities,\1\ namely certain energy commodities (``Federal Speculative Position Limits for Referenced Energy Contracts and Associated Regulations,'' for ease of reference, herein referred to as the ``Energy Proposal'').\2\ In accord with the significant amendments introduced to the Commodity Exchange Act of 1936 (``Act'' or ``CEA'') by the recent enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act (``Dodd-Frank Act''),\3\ the Commission is withdrawing its Energy Proposal as it plans to issue a notice of rulemaking proposing position limits for regulated exempt commodity contracts, including energy commodity contracts, as directed by the Act.
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