CFTC Seeks Comments on Proposed Rules to Set Position Limits in Energy Markets and Change Exemption Available to Swap Dealers

February 02, 2010
The Commodity Futures Trading Commission (“CFTC”) recently proposed rule amendments that would set position limits in the energy futures and options markets and change both the exemption available and application process for swap dealers to exceed position limits. This update examines the proposed rule amendments and how they may affect passive, long-only institutional investors.