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CFTC RIN: 3038-AD16 Publication ID: Fall 2010 
Title: ●Position Limits on Exempt 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 exempt 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: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
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
NPRM  12/00/2010    
NPRM Comment Period End  01/00/2011    
Final Action  01/00/2011    
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 
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