PART 3Position limits and position management controls in commodity derivatives

FCA power to require information27.

(1)

The FCA may, in such manner as it may direct, require a person to provide information on, or concerning—

(a)

a position the person holds in a relevant commodity derivative or over the counter contract; or

(b)

trades a person has undertaken, or intends to undertake, in a relevant commodity derivative or over the counter contract.

(2)

The FCA may, in such manner as it may direct, require the operator of a trading venue to provide information on, or concerning, trades a person has undertaken, or intends to undertake in a relevant commodity derivative or over the counter contract.

(3)

In this regulation a commodity derivative or over the counter contract is relevant if the FCA—

(a)

has established a position limit under regulation 16 in respect of that derivative or contract; or

(b)

is considering whether it is required to establish or modify a position limit in respect of that derivative or contract under regulation 16.