Energy Firms Concerned Over Dodd-Frank Position Limits

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Hira Shahnawaz Akhtar
Published on
Updated on

The US Commodity Futures Trading Commission (CFTC) has made another proposal regarding the speculative position limits on commodity derivatives which have energy firms on edge. The earlier proposal of the CFTC was rejected by the federal courts in September 2012. Why CFTC is pushing position limits According to the Wall Street Transparency and Accountability Act of 2010 (Dodd-Frank), CFTC must amend the position limits for commodity markets in order to conform with the law. The Dodd-Frank Act had amended position limits on certain assets in 2010 but had exempted 28 core physical commodity futures, swaps and options. The CFTC proposes…

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Hira is a financial analyst whose expertise lies in commodity and other financial markets. Hira is currently an independent financial consultant and is working with many international firms like American Arab Solutions (AAS). She has previously served as a Senior Research Analyst at Alternate Research (Pvt.) Ltd. as the Team Leader for the International Equities Research. She has also worked as an equities analyst of Pakistani E&P stocks at Invest Capital Markets. She has experience in business development and conducting feasibility studies in commodity markets, specifically in sugar, palm oil and canola oilseeds. She has cleared all three levels of her CFA (Chartered Financial Analyst) and has an undergraduate degree in Finance.