• Position Limits and Accountability Levels

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • CME Group RA2104-5
      • Notice Date
      • 19 April 2021
      • Effective Date
      • 03 May 2021
    • Effective on trade date Monday, May 3, 2021, and pending all relevant CFTC regulatory review periods, this Market Regulation Advisory supersedes CME Group Market Regulation Advisory Notice RA2101-5RR from March 15, 2021.  It is being issued based on amendments to CME, CBOT, and NYMEX/COMEX Rule 559 (“Position Limits and Exemptions”) that harmonize the rule text with language already contained in RA2101-5RR and the CFTC’s final rules concerning position limits.  Specifically, the amendments codify the requirements attendant to market participants who submit a position limit exemption application after exceeding a position limit.

      Click HERE to view the full advisory.