On 25 November 2021, GE BaFin removed limits on commodity derivatives. GE BaFin said it has removed the majority of position limits on commodity derivatives. Follows EU February 2021, MiFID quick fix Dir 2021/338 on Covid recovery. Also follows GE GVT Jun. 2021 law implementing EU crowdfunding rules. Key points Decision follows changes to MiFID […]

On 7 October 2021, ISR TASE said ISA approved changes re: open position limit in TASE board of directors August 2015 decision, para 7. e. in chapter 3 in the third part of the rules. Chap 6 in regulations to the third part of the rules; TASE board of directors 18 February 2021 decisions on […]

On 14 September 2021, UK FCA updated the commodity position limits webpage with contact email.

On 31 August 2021, ICE FUS fined Aspire $700k for excess position limits. ICE FUS settled with Aspire Commodities, LLC, for position limits rule violations. Allegations Between the 2019 and 2021 expiration periods for the Henry LD1 Fixed Price Future, Aspire held positions in excess of the applicable spot month positions limits. Positions did not […]

On 13 August 2021, CFTC fined Tyson Foods for position limit, report violation. CFTC ordered Tyson Foods to pay $1.5mn for position limit, reporting, recordkeeping violations; filed and settled charges for the company exceeding CFTC position limits. Violated commodity exchange act (CEA), 7 USC 6a; CFTC regulation 1.31(b)(3) and (c), 17 CFR 1.31, as well […]

On 5 August 2021, SEC issued notice of CBOE filing of amendment no. 1, and order instituting proceedings on whether to approve proposal, as modified by amendment. Amendment No. 1 reduced proposed position limit for GLD options from 1mn contracts to 500,000 contracts, and provided additional justification in support of the proposal. Comments due 21 […]