CFTC proposal would ease position limits rule’s aggregation provisions

The Commodity Futures Trading Commission proposed a rule that would modify the aggregation provisions of the agency’s Dodd-Frank position limits rule. The proposal would permit any person with an ownership interest of between 10 percent and 50 percent in an entity to disaggregate the owned entity’s positions, provided there are protections and firewalls in place to ensure trading decisions are made independently of one another.