CFTC May Alter Dodd-Frank Speculative Trading Limit CME Opposed
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U.S. derivatives regulators may pull back from a January proposal setting speculation limits that CME Group Inc. said would reduce spot trading on the world’s largest futures exchange, according to a person briefed on the discussions.
The proposal, issued under the Dodd-Frank Act by the U.S. Commodity Futures Trading Commission, aimed to curb speculation by limiting the portion of the derivatives market controlled by any one trader.