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US CFTC votes to propose new position limits rule

WASHINGTON, Nov 5 (Reuters) - The U.S. Commodity Futures Trading Commission on Tuesday voted to propose new rules setting position limits for traders, reviving efforts to curb commodity market speculation after a court rejected an earlier version of the plan.

The commission voted three-to-one to propose the new rules. Commissioners also unanimously voted for a proposal related to aggregating accounts under the position limits rule.