ICE Futures Exchange Notice: In Light of Position Limits Decision, Amendments to ICE Exchange Regulatory Rules

Last month, ICE submitted amendments to Chapter 6 of its Rules to conform them to the CFTC’s Position Limits Rules. ICE has announced that it is withdrawing sections of the filing related to the CFTC's Position Limits Rules, which have since been vacated by the U.S. District Court for the District of Columbia. The amendments were intended to add provisions related to Energy Contracts, as well as clarify and provide consistency to certain other Rules. While ICE has withdrawn amendments specifically related to the CFTC's vacated Position Limits Rules, other amendments to Rules 6.13, 6.14(b), 6.15, 6.33, 6.26, and 6.27 - described in detail in the attached notice - will become effective (along with new Rule 6.29) on October 12, 2012.

View notice in full here (links externally to the ICE Future website). Link here to news story on the vacating of the CFTC's proposed position limits.