By Anthony Mansfield, Paul Pantano, Jonathan Flynn, Neal Kumar and Michael Selig
On May 26, 2016, the Commodity Futures Trading Commission (“CFTC”) unanimously approved a proposed supplement (“Supplemental Proposal”) to its December 2013 proposal to establish position limits on futures and economically equivalent swaps. The primary focus of the Supplemental Proposal is the definition of bona fide hedging positions exempt from speculative position limits. read more