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Dodd Frank, Mifid

Rush to get position limits approved in the US

While we await the next version of RTSs 20 (Ancillary Activity) and 21 (Position Limits) in Europe, there is an effort by the CFTC to get the US version of the rules approved before the upcoming administration change. This article on the Bloomberg web site explains the current situation and efforts.

The US version of the rules is targeted at 28 “core” contracts, as explained here, rather than the much larger scope of the EU rules as outlined in RTS 21.

About avivhandler

Aviv is the Managing Director of ETR Advisory, a niche consultancy focused on the regulation of the commodity, energy and financial markets. He has more than 23 years of experience in the financial, energy and commodity markets, covering regulatory compliance, credit, risk and financial technology. Prior to founding ETR, he was Partner at SunGard Global Services, where he built a Centre of Excellence in European Energy and Commodity Regulation. Before that, he founded Coherence, a consulting firm specializing in credit risk in commodity and energy trading as well as software product management. The credit practice ultimately became part of Sirius Solutions, where he was the Managing Director of Europe. He has also held management roles at KWI and Iris Financial, among other organizations. Mr. Handler holds a degree in computer science from Imperial College, University of London.


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