CFTC extends comment period on position limit aggregation

CFTC Extends Public Comment Period on Proposed Amendment to Aggregation Policy Under Part 150

Washington, DC — The Commodity Futures Trading Commission (Commission) announced today that it will extend the comment period on its proposed amendment to rules on aggregation for the position limits in part 150 of its regulations to February 10, 2014.  The comment period had been set to close on January 14, 2014.

The proposed amendment to the aggregation rules was published in the Federal Register on November 15, 2013.  On the same day that the Commission adopted this proposed amendment, it also adopted a proposal to establish speculative position limits for certain commodity futures, options contracts and physical commodity swaps.  However, this other proposal was not published in the Federal Register until December 12, 2013.  Because the comment period for both proposals was 60 days after publication in the Federal Register, the comment periods for the two proposals would not end at the same time.  In order to provide interested parties with an opportunity to comment on both proposals over the same comment period, the Commission is extending the comment period for the proposed amendments to the aggregation rules so that it ends at the same time as the comment period for the other proposal.

Comments may be submitted electronically through the Commission’s Comments Online process or as otherwise described in the Federal Register notice.  All comments received will be posted on the Commission’s website.

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