CFTC Proposes Supplement to Position Limit Rules (Fed. Reg.)

The CFTC's supplement to its proposed modification of the aggregation provisions of Part 150 ("Limits on Positions") of the CFTC Regulations was published in the Federal Register.

The supplement would revise how the CFTC addresses situations in which aggregation is required on the basis of 50 percent or more of common ownership. The CFTC also noted that if (i) the proposed position limits regime for 28 exempt and agricultural commodity futures and options contracts and (ii) the physical commodity swaps that are economically equivalent to such contracts are finalized, then the proposed modifications also would apply to the position limits regime for those contracts and swaps.

Comments on the supplement must be submitted by November 13, 2015.