Topic
Position Limits
83 published works
Corporate & Financial Weekly Digest
ESMA Publishes New Q&As on Commodity Derivatives Under MiFID II
By Neil Robson, Nathaniel Lalone
On December 19, 2016, the European Securities and Markets Authority (ESMA) published new questions and answers (Q&A) on commodity derivatives topics under the revised Markets in Financial Instruments Directive (MiFID…
Washington Energy Report
CFTC Reproposes Position Limits Rule
By Russell Kooistra, Daniel Archuleta
On December 5, 2016, the U.S. Commodity Futures Trading Commission (“CFTC”) reproposed regulations implementing limits on speculative futures and swaps positions (“Reproposal”). Notably, in the Reproposal, the CFTC: (1) proposes limits…
Corporate & Financial Weekly Digest
CFTC Finalizes Aggregation Rules and Re-Proposes Position Limits Rule
By Kevin M. Foley, Christian B. Hennion, Gregory A. Uffner
On December 5, the Commodity Futures Trading Commission voted to repropose position limits for futures and swap positions. On the same day, the CFTC also approved final aggregation rules for…
Banking, Finance and Securities
CFTC pushes position limits to new Administration, but finalizes aggregation rules
Today, in a move on its long-pending proposals, the CFTC: (1) re-proposed its new speculative position limits rules (the “Re-Proposal”), which would impose federal limits on 25 physical commodity futures…
Administrative and Regulatory
CFTC proposes enhanced Exchange authority over exemptions to proposed position limits
The CFTC has issued a supplemental proposed rulemaking (the “2016 Supplement”) that would give futures exchanges (“Exchanges”) greater authority over exemptions if the CFTC finalizes its long-pending proposed new speculative…
Corporate & Financial Weekly Digest
CFTC Proposes Supplemental Amendments to Position Limits Proposal
By Kevin M. Foley, Timothy D. Kertland
On May 26, the Commodity Futures Trading Commission proposed amendments to its December 2013 speculative position limits proposal regarding 28 core referenced futures contracts. The proposed rules would allow certain…
Corporate & Financial Weekly Digest
ESMA Publishes Opinions on Amendments to MiFID II Non-Equity Transparency and Position Limits RTS
On May 2, the European Securities and Markets Authority (ESMA) published two opinions (Opinions) to revise draft regulatory technical standards (RTS) made under the amended and restated Markets in Financial…
Banking, Finance and Securities
ESMA writes to Commission on draft MiFID II RTS
The European Securities and Markets Authority (ESMA) has published three letters that it has sent to the European Commission concerning certain draft regulatory technical standards (RTS) under MiFID II and…
Banking, Finance and Securities
ICE Futures US adopts new position limit disaggregation rule for owned entities
ICE Futures US (“ICE”) adopted a new rule, effective March 18, 2016, that provides relief from position limit aggregation requirements applicable to “owned entities.” Specifically, the rule amendment permits certain…
Washington Energy Report
CFTC Energy and Environmental Markets Advisory Committee Issues Report on 2015 Review and Consideration of the CFTC’s Position Limits Rule
On February 25, 2016, the U.S. Commodity Futures Trading Commission’s (“CFTC”) Energy and Environmental Markets Advisory Committee (“EEMAC”) released its Report on EEMAC’s 2015 Review and Consideration of the CFTC’s…