17 CFR 150.2 - Position limits. | US Law | LII / Legal Information Institute

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§ 150.2 Position limits.

No person may hold or control positions, separately or in combination, net long or net short, for the purchase or sale of a commodity for future delivery or, on a futures-equivalent basis, options thereon, in excess of the following:

Speculative Position Limits

	Limits by number of contracts
Contract	Spot month	Single month	All months
Chicago Board of Trade
Corn and Mini-Corn ¹	600	33,000	33,000
Oats	600	2,000	2,000
Soybeans and Mini-Soybeans ¹	600	15,000	15,000
Wheat and Mini-Wheat ¹	600	12,000	12,000
Soybean Oil	540	8,000	8,000
Soybean Meal	720	6,500	6,500
Minneapolis Grain Exchange
Hard Red Spring Wheat	600	12,000	12,000
ICE Futures U.S.
Cotton No. 2	300	5,000	5,000
Kansas City Board of Trade
Hard Winter Wheat	600	12,000	12,000

1 For purposes of compliance with these limits, positions in the regular sized and mini-sized contracts shall be aggregated.

[76 FR 71684, Nov. 18, 2011]

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.

United States Code

U.S. Code: Title 7 - AGRICULTURE

§ 6a - Excessive speculation

§ 6c - Prohibited transactions

§ 12a - Registration of commodity dealers and associated persons; regulation of registered entities

Statutes at Large

114 Stat. 2763

Title 17 published on 2015-04-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 17 CFR Part 150 after this date.

2015-09-29; vol. 80 # 188 - Tuesday, September 29, 2015

80 FR 58365 - Aggregation of Positions

GPO FDSys XML | Text

Additional Documents

type	regulations.gov
FR Doc.	2015-24596
RIN	3038-AD82

COMMODITY FUTURES TRADING COMMISSION

Supplemental notice of proposed rulemaking.

Comments must be received on or before November 13, 2015.

17 CFR Part 150

Summary

On November 15, 2013, the Commodity Futures Trading Commission (“Commission” or “CFTC”) published in the Federal Register a notice of proposed modifications to part 150 of the Commission's regulations. The modifications addressed the policy for aggregation under the Commission's position limits regime for futures and option contracts on nine agricultural commodities set forth in part 150. The Commission also noted that if the Commission's proposed position limits regime for 28 exempt and agricultural commodity futures and options contracts and the physical commodity swaps that are economically equivalent to such contracts are finalized, the proposed modifications would also apply to the position limits regime for those contracts and swaps. The Commission is now proposing a revision to its proposed modification to the aggregation provisions of part 150, which addresses when aggregation is required on the basis of ownership of a greater than 50 percent interest in another entity.