Following last week’s ruling by a federal court in Washington, DC, throwing out the CFTC position limit rule, CME Group said Wednesday it is scrapping revisions to its current position limit rules, which the exchange operator had planned in order to comply with the new regulatory landscape.
Scrapping
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Senate Zeros in on ‘Narrower’ Energy Bill Before Recess
Senate Democrats are scrapping their plans to move forward with a broad-based energy bill before the start of the August recess, an industry spokesman said.
Texas Producers Scrap Drilling Plans, Lay Off Workers
The “punishing economic contraction” and low wellhead energy prices continued to tie Texas producers’ hands in August, with many scrapping drilling plans and laying off workers, according to the latest Texas Petro Index (TPI).
Texas Producers Forced to Scrap Drilling Plans, Lay Off Workers
The “punishing economic contraction” and low wellhead natural gas and oil prices continued to force Texas producers’ hands in August, with many scrapping drilling plans and laying off workers, according to the latest Texas Petro Index (TPI).