Blog Post Quotes Commissioner Wetjen on Position Limits

According to an MFA blog post and a Reuters news item, Commissioner Wetjen has stated that the CFTC is considering dropping its appeal to defend its current position limits rule and is nearing the completion of a revised rule, with the goal of getting "position limits in place as quickly as possible."

Commissioner Wetjen laid out three different "tracks" which the position limits rule can take: (i) an appeals track through the U.S. court system; (ii) a rulemaking trade through the CFTC; or (iii) a combination of appeals and rulemaking.

Click here to view blog post in full (links externally to MFA website).