The Commodity Futures Trading Commission has extended the public comment period on its March concept release relating to hedge exemptions for swap dealers. Among the primary issues raised in the concept release are whether swap dealers’ “bona fide hedge” exemptions from speculative position limits should be eliminated and replaced by more limited “risk management” exemptions, and, if so, the appropriate criteria for such new exemptions.
The comment period for the concept release now closes on June 16, as reported in the CFTC press release.
The concept release is available here.