The Commodity Futures Trading Commissions recently re-proposed amendments to its rules dealing with speculative position limits were published in the Federal Register on December 30. Accordingly, comments are due by February 28, 2017. In light of the announced resignation of Timothy Massad, a CFTC chairman as of January 20, it will be curious to see the direction this proposed rule takes under anticipated acting CFTC Chairman J. Christopher Giancarlo. In his concurrence to the publication of the CFTC’s re-proposed position limits – which occurred after the election of Donald Trump as US president – Mr. Giancarlo wrote, “I feel comfortable that the proposal before us provides the basis for the implementation of a final position limits rule that I could support.” We’ll see.