DEFINITION of Reporting Level
A level of ownership of a specific futures position wherein the holders exceed the stated amounts and are required by the CFTC to submit daily reports.
Also known as reporting limit.
BREAKING DOWN Reporting Level
Reporting levels are used for the protection of investors, regulation of orderly markets, and enforcement of speculative restrictions. The reports must include the size of the position, delivery months, and ownership.
Reporting levels adjust for each futures contract with different underlyings.