WASHINGTON, Aug 19 (Reuters) – The U.S. Commodity Futures Trading Commission said on Wednesday it was withdrawing no-action letters that provided relief to two firms from federal agricultural speculative positions limits for soybeans, corn and wheat futures contracts.

“I believe that position limits should be consistently applied and vigorously enforced,” said CFTC Chairman Gary Gensler. “Position limits promote market integrity by guarding against concentrated positions.” (more…)