CFTC Unanimously Approves Two Measures In September 16 Open Meeting

At an open meeting today, the U.S. Commodity Futures Trading Commission voted unanimously to approve the following two measures:

• Final Rule on Position Limits and Position Accountability for Security Futures Products
• Proposed Rule on Public Rulemaking Procedures (Part 13 Amendments)

The Final Rule on Revisions to Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Private Equity Funds (Volcker Rule) was approved 3-2 via seriatim on Saturday, September 14, 2019.

For additional information about the meeting, including the Chairman and Commissioners’ statements, go to Commission Open Meeting September 16, 2019.