Top U.S. Derivatives Regulators Approve New Limit on Commodity Trading

CFTC Applies New Limit That Effects Trading Limits on Oil, Wheat, Gold and Other Commodities
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* Trading
* Energy Trading
* Derivatives
* Commodities
* Swaps
* Cftc
* Dodd-frank

* Banking
* Finance

* Chicago - Illinois - US

Oct. 19, 2011 - PRLog -- The Commodity Futures Trading Commission (CFTC) voted 3 to 2 on Tuesday, October 18, 2011, to curb trading after a boom in raw-materials, speculation, record-high prices and years of debate and delay.

The rule has been among the most controversial provisions of the Dodd-Frank financial overhaul, which gave the CFTC the authority to limit trading in over-the-counter commodity swaps as well as exchange-traded futures. This new rule will limit the number of contacts a single firm can hold.

Bloomberg covered the full story here:

At this year’s 4th Annual Energy Trading Risk Management Conference, November 8-9, 2011 at the Hotel Derek in Houston, TX, Commissioner Bart Chilton from the CFTC will be speaking on “Fundamental Forces: What’s the Matter?”. His session will focus two major issues:
•   Are markets still serving their intended purposes in light of new players?
•   How regulators are addressing change in light of the new financial reform law

Hear from Mr. Chilton, as he speaks about the new position limits and how these will affect estimated 85% of energy traders across the country across the country.  “These are historic markets that are being changed,” said Commissioner Bart Chilton in an interview on Bloomberg TV. “Out of all of the rules that are coming out of the financial regulatory forum, this is probably the most important one.”

To learn more and to hear from over 18 industry leading experts including BP, Optim Energy, Constellation Energy, Bank of America Merrill Lunch and JPMorgan Credit Trading, make sure to register! You will not want to miss out on this two-day premiere event!

For more information on this event, please contact Michele Westergaard at or 312-540-3000 ext. 6625. You can also visit the event website at

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Marcus evans conferences annually produce over 2,000 high quality events designed to provide key strategic business information, best practice and networking opportunities for senior industry decision-makers.
Source:Michele Westergaard
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