AIMA

Section 737 of the Dodd-Frank Act mandates the Commodity Futures Trading Commission (CFTC) to establish position limits for futures and options contracts traded on a designated contract market and economically equivalent swaps. On 26 January 2011, the CFTC published a proposal for the establishment of position limits for 28 physical commodity futures and options contracts and their economic equivalents.

Key legislative documents

CFTC Final Rule – Position Limits for Futures and Swaps (November 2011)

Dodd-Frank Wall Street Reform and Consumer Protection Act 2010 (section 737)

Relevant consultations

CFTC request for comments on Position Limits for Derivatives (January 2011)

AIMA documents

Response to CFTC's interim Final Rule on Position Limits for Futures and Swaps (January 2012)

Summary of CFTC Final Rule on Position Limits for Futures and Swaps (December 2011)

Response to the CFTC request for comments on Position Limits for Derivatives (March 2011)