The Commodity Futures Trading Commission’s (CFTC) Energy and Environmental Markets Advisory Committee (EEMAC) announced that it will hold a public meeting at 9:30 a.m. on March 24 at the CFTC’s headquarters in Washington, DC. At the meeting, the EEMAC will consider the CFTC’s proposed rule regarding the establishment of position limits for derivatives contracts that provide for physical delivery. Specifically, the EEMAC will examine the proposed position limits for spot months, single month, and all-months-combined and the proposed bona fide hedging exemptions from such position limits and related procedures. The CFTC’s Market Intelligence Branch will also make a presentation on recent developments in the energy derivatives marketplace.

The meeting is open to the public on a first-come, first-served basis, as well as via conference call. More information is available here.

For more information on the CFTC’s proposed rule regarding Position Limits for Derivatives, please see the January 31, 2020 edition of Corporate & Financial Weekly Digest.