Proposed Revision to CFTC 2013 Proposal on Aggregation of Positions Under Part 150

16 October 2015
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Key takeaways

  • The CFTC has proposed revisions to its previously proposed modifications to the aggregation provisions of Part 150 issued in November 2013.
  • The latest proposal would revise the 2013 proposal by eliminating the exemption for a greater than 50% ownership or equity interest in an "owned entity" and subjecting such interests to the same exemption that would apply to interests of between 10% and 50% under the 2013 proposal.
  • Comments on the latest proposal are due by November 13, 2015.