Power industry groups criticize CFtC plan to impose position limits in commodity markets

摘要

Lobbying groups for power companies are criticizing a nCommodity Futures Trading Commission’s proposal to set federal nposition limits in commodity markets, arguing that the plan would nplace undue burdens on electric utilities and is not legally justified.nThe CFTC is considering position limits that would be nimplemented in two phases and would impose limits on 28 core nphysical delivery futures contracts, including four energy and nfive metals contracts. It received more than 5,700 comments on nthe proposal.