The Division of Market Oversight of the Commodity Futures Trading Commission has extended the public comment period with regard to the proposal by ICE Futures U.S. (IFUS) to allow pre-hedging or anticipatory hedging in certain circumstances in connection with block trades reported to IFUS. For further details on IFUS’s proposal, see the Corporate & Financial Weekly Digestedition of June 17.
The comment period has been extended an additional 15 days and will end on July 29. Implementation of the proposal will be stayed an additional 45 days, until October 26.
Comments may be submitted through the CFTC’s website here. Additional information is available here.