Meeting Date:
Tuesday, October 11, 2011
CFTC Staff:
Dan M. Berkovitz, Carlene Kim, Neal Kumar
Organization(s):
Skadden Arps (representing CME)
External Attendees:
Mark Young
Additional Information:
Mr. Young urged that the Commission clarify in the position limits rulemaking that amounts of a commodity subject to long-term supply contracts could be considered part of the deliverable supply of that commodity for purposes of calculating the spot month position limit if commercial practice demonstrated that such amounts were in fact available for delivery in the spot month.
