Commodity Futures Trading Commission: Position Limits for Futures and Swaps
GAO-12-273R: Dec 5, 2011
- Full Report:
GAO reviewed the Commodity Futures Trading Commission's (Commission) new rule on position limits for futures and swaps. GAO found that (1) the final rule establishes a 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; and (2) Commission complied with applicable requirements in promulgating the rule.