Position Limits
-
In Defense of Hedging: The Debate on Position Limits
Ever since the dramatic rise and fall of oil prices in 2008, the CFTC has been under pressure to tighten the limits on the number of futures contracts that speculators can hold
CONTINUE READING -
FIA comments on CFTC's position aggregation proposal
FIA submitted a comment letter to the Commodity Futures Trading Commission on July 31 in response to a request for additional comment on the agency's proposed position limits rule and its proposed position aggregation rule.
CONTINUE READING -
Supplemental comment regarding CFTC re-opening of comment period for position limits for Derivatives and Aggregation of Positions
FIA provided the Commodity Futures Trading Commission with the comments and recommendations set forth below as a supplement to FIA’s prior comments filed in response to the Commission’s Notice of Proposed Rulemakings concerning Position Limits for Derivatives, 78 Fed. Reg. 75680 (Dec. 12, 2013) and Aggregation of Positions, 78 Fed. Reg. 68946 (Nov. 15, 2013).
CONTINUE READING -
FIA files supplemental comment on position limits
FIA submitted a comment letter to the Commodity Futures Trading Commission on July 31 in response to a request for additional comment on the agency’s proposed position limits rule and its proposed position aggregation rule.
CONTINUE READING -
Position Limits Come to Europe
January's agreement on the final text of MiFID II marks an important milestone in the regulation of European commodity markets.
CONTINUE READING -
FIA submits response to CFTC position limits proposal
FIA provides the CFTC with the comments and recommendations set forth below in response to the Commission’s Notice of Proposed Rulemaking concerning Position Limits for Derivatives, 78 Fed. Reg. 75680 (Dec. 12, 2013) (“Proposed Rule”).
CONTINUE READING -
FIA and ISDA call for standard approach to hedging exemption definitions in EU
Following the decision by the European Parliament and the Council to opt in favour of mandatory position limits whose calibration shall be determined by ESMA through regulatory technical standards, FIA Europe (formerly FOA) and ISDA called for a standard approach to hedging exemption definitions as applied under MiFID Article 59.
CONTINUE READING -
FOA joint paper on MiFID – Article 59 – Definition of appropriate position limits ‐ ESMA level 2 work
FOA joint paper on MiFID – Article 59 – Definition of appropriate position limits ‐ ESMA level 2 work
CONTINUE READING -
FIA comment letter on MiFID position limits regime
FIA (as FOA) joined forces with ISDA and EFET to comment on the definition of appropriate position limits under Article 59 of MiFID in ESMA's level 2 work.
CONTINUE READING -
Aggregation of Positions and Bona Fide Hedging Transactions
Should the CFTC decide to propose new position limits rules, we respectfully request that the Commission and Staff adopt the recommendations FIA makes below.
CONTINUE READING
