Appendix F to Part 150—Guidance on, and Acceptable Practices in, Compliance With the Requirements for Exchange-Set Limits and Position Accountability on Commodity Derivative Contracts The following are guidance and acceptable practices for compliance with § 150.5 .

Appendix F to Part 150—Guidance on, and Acceptable Practices in, Compliance With the Requirements for Exchange-Set Limits and Position Accountability on Commodity Derivative Contracts; Appendix G to Part 150—Guidance on Spread Transaction Exemptions Granted for Contracts that are Subject to Federal Speculative Position Limits

Process for recognizing non-enumerated bona fide hedging transactions or positions with respect to Federal speculative position limits.

Title 17 —Commodity and Securities Exchanges; Chapter I —Commodity Futures Trading Commission; Part 150 —Limits on Positions § 150.2

The Commodity Futures Trading Commission (“Commission” or “CFTC”) regulations set forth speculative position limits for certain commodities that accord with the Wall Street Transparency and Accountability Act of 2010 (“Dodd-Frank Act”).

View Vacated Part 151 Position Limits, including Bona Fide Hedging Definition & Aggregate Limits. Fact Sheet: Proposed Regulations on Position Limits for Derivatives. Questions and Answers: Position Limits for Derivatives. Event: Open Meeting on Two Final Rules and One Proposed Amendment. CME Group Deliverable Supply Estimates (July 1, 2013)

A list of enumerated hedges is contained in Appendix A to Part 150. Persons who hold an enumerated bona fide hedge are not required to submit an application requesting an exemption from the Commission, but continue to be required to …

PART 150—LIMITS ON POSITIONS Sec. 150.1 Definitions. 150.2 Position limits. 150.3 Exemptions. 150.4 Aggregation of positions. 150.5 Exchange-set speculative position lim-its. 150.6 Responsibility of contract markets. AUTHORITY: 7 U.S.C. 6a, 6c, and 12a(5), as amended by the Commodity Futures Mod-ernization Act of 2000, appendix E of Pub. L.

A person need not aggregate the positions or accounts of an owned entity if the ownership or equity interest is based on the ownership of securities constituting the whole or a part of an unsold allotment to or subscription by such person as a participant in the distribution of such securities by the issuer or by or through an underwriter.

A person may exceed the speculative position limits set forth in § 150.2 to the extent that all applicable requirements in this part are met, provided that such person's transactions or positions each satisfy one of the following: