CFTC Grants Extension of Comment Period on Amending Position Limits for NYISO Zone G Futures Contracts
The CFTC Division of Market Oversight announced that it granted two extensions to ICE Futures U.S.: a 45-day extension of the public comment period, and a 60-day extension of the stay period, for Submission No. 15-101, dated May 11, 2015. The stay is based on the premise that an inadequate explanation of the subject rule amendment accompanied the rule amendment. Under the amendment, ICE Futures U.S. would adopt a new estimation for deliverable supply on which position limits for eight of their NYISO Zone G futures contracts would be based.
Comments must be submitted electronically on or before September 21, 2015.
See: CFTC Press Release.