US District Court for the District of Columbia has vacated
and remanded the rule that would have capped positions in
futures and swaps contracts. The US Commodity Futures Trading
Commission (CFTC) is now left with two options.
The first is to appeal the decision to the DC circuit court.
This court blocked the Securities & Exchange
Commissions proxy access rule last year on grounds the
regulators cost-benefit analysis fell short of supporting
a final rule. The second alternative is to propose...