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CFTC RIN: 3038-AD15 Publication ID: Spring 2011 
Title: Position Limits on Agricultural Commodities  
Abstract: The Commission has been mandated by Congress (in the Dodd-Frank Act) to impose position limits, on an aggregate basis, on futures and swaps relating to agriculture in order to: (a) Diminish, eliminate, or prevent excessive speculation; (b) deter and prevent market manipulation, squeezes, and corners; (c) ensure sufficient market liquidity for bona fide hedgers; and (d) ensure that the price discovery function of an underlying market is not disrupted. Given the potential effects of position limits on various market participants, the Commission intends to issue a notice of proposed rulemaking to solicit and consider the public's comments in advance of issuing final rules. The rulemaking would also include amendments to the Commission's reporting rules to permit for or further facilitate the filing of electronic Forms 40, 102, and '04s reports. In addition, the Commission may propose amendments to improve the information reported on Form 40. 
Agency: Commodity Futures Trading Commission(CFTC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: Not Yet Determined     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: sec 737 of the Dodd-Frank Wall Street Reform and Consumer Protection Act   
Legal Deadline:
Action Source Description Date
Final  Statutory    01/18/2011 
Timetable:
Action Date FR Cite
Withdrawn  02/09/2011    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related RINs: Related to 3038-AD16 
Agency Contact:
Bruce Fekrat
Senior Special Counsel, Division of Market Oversight
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW.,
Washington, DC 20581
Phone:202 418-5578
Fax:202 418-5527
Email: bfekrat@cftc.gov