Bona

Reaching the deadline for comments on proposed new rules aimed at limiting speculative trading in the swaps markets, the Commodity Futures Trading Commission (CFTC) had heard from dozens of energy companies, financial institutions and others, most recommending alterations to the agency’s proposed rulemaking.

The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight Tuesday issued an advisory reminding market participants that any claimed bona fide hedge exemption from speculative position limits under the Dodd-Frank reform act would be subject to a special call in connection with the claimed exemption.

Senate Agriculture Committee Chair Blanche Lincoln (D-AR) may unveil as early as Thursday a bill that would give only bona fide hedgers of “legitimate commercial risk” a limited exemption from the proposed regulatory requirements of the nearly $500 trillion over-the-counter (OTC) derivatives market.

Senate Agriculture Committee Chair Blanche Lincoln (D-AR) may unveil as early as Thursday a bill that would give only bona fide hedgers of “legitimate commercial risk” a limited exemption from the proposed regulatory requirements of the nearly $500 trillion over-the-counter (OTC) derivatives market.