CFTC Commissioners adopted amendments to increase current position limits that apply solely to security futures products and to harmonize them with limits set for equity options traded on a securities exchange.
The CFTC final rule adopting amendments to the Position Limits and Position Accountability for Security Futures Products was published in the Federal Register.
The CFTC proposal to increase position limits on security futures products was published in the Federal Register.
An SEC and CFTC joint proposal to (i) lower the minimum customer margin requirement for security futures and (ii) revise the margin offset table consistent with the proposed reduction was published in the federal register.
FINRA released the April 2014 Supplement to the October 2002 Security Futures Risk Disclosure Statement. The Supplement replaces the first paragraph under Section 5.2 of the Disclosure Statement to accommodate proposed changes by OneChicago, LLC, to list a product with a physical delivery settlement cycle shorter than three business days. The implementation date of the Supplement is June 23, 2014. See: FINRA Regulatory Notice 14-24; April 2014 Supplement; Security Futures Risk Disclosure Statement.