CFTC chair plans new position limits proposal, notes concerns over hedge exemptions

摘要

CFTC Chairman Christopher Giancarlo hopes to put forward a new proposal on setting position limits on derivatives by the end of the year or early in the new year, he told the House Agriculture Committee Wednesday. The pending regulation, setting federal position limits in 25 physical commodity futures and swaps markets, could affect the level of participation in gas and electric derivativesmarkets as well as impacting hedging strategies of energy sector interests.