Position Limits Regulation - Comment Letter - IntercontinentalExchange - March 28, 2011

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Position Limits for Derivatives
March 28, 2011

From the comment letter:

ICE supports the position limits if properly applied. In promulgating final rules, the Commision should:

  • Maintain the current position limit regime by allowing exchange specific spot month position limits
  • Allow higher position limits for financially settled contracts
  • Adopt position limits for the nearby months to expiration instead of an all months position limit
  • Keep arbitrage and spread exemptions
  • Not implement onerous account aggregation rules

References

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