Futures Lab: Commodity rulemaking: Who will be affected by the proposals under consideration?
By all evidence most CTAs will not be affected by position limits because they don't take positions of such magnitude. The CFTC estimates that relatively few traders have positions large enough to hit the proposed ceilings. In summary, new CFTC rules will affect brokers, dealers and very large futures traders, but not the average CTA-at least not directly.
Publication
Opalesque
Date
January 7, 2011
Cross References (links may require a Cabinet subscription)
Dodd-Frank Act, Title VII, Sec. 737