NATURAL GAS INTERESTS URGE COMMODITIES REGULATOR TO IMPROVE PROPOSED RULES ON SPECULATIVE POSITION LIMITS; NEED TO PROTECT BONA FIDE HEDGING

摘要

Natural gas producers and municipal natural gas utilities filed comments on the Notice of Proposed Rulemaking (NPRM) by the Commodity Futures Trading Commission (CFTC) governing Position Limits for Derivatives. The agency is engaged in a long series of NPRMs to implement the Commodity Exchange Act (CEA) as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act).