Position limits rejection lifts compliance burden
Rejection of Commodity Futures Trading Commission rule brings short-term relief and longer-term uncertainty, say consultants
The recent court ruling that rejected a key Dodd-Frank rule on speculative position limits has provided a welcome dose of relief for energy firms, which have been racing to become compliant with a host of new swap regulations by October 12.
The introduction of position limits was just one of a number of regulatory measures triggered by the publication of swap definition rules in the Federal Register on August 13.
But despite the relief, there are also concerns the court ruling has increased the
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