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CFTC Approves Supplement To Position Limits Proposal To Permit Exchanges To Recognize Non-enumerated Bona Fide Hedges

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The U.S. Commodity Futures Trading Commission (CFTC) today voted unanimously to issue for public comment a supplement to its December 2013 position limits proposal that will modify the procedures proposed for persons seeking exemptions from speculative position limits for non-enumerated bona fide hedging. Further the proposal would define procedures for recognition of certain anticipatory bona fide hedge positions.

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