Senate Agriculture Committee Holds Hearing Regarding End-Users and Market Liquidity (with Delta Strategy Group Summary)

The Senate Agriculture Committee held a hearing titled, "Regulatory Issues Impacting End-Users and Market Liquidity."

The following witnesses testified:

• The Honorable Timothy Massad, Chairman, CFTC (written testimony);
• Mr. Terrence A. Duffy, Executive Chairman President, CME Group (written testimony);
• Mr. Bruce Barber, General Manager, Archer Daniels Midland Co (written testimony);
• Mr. Jeffrey L. Walker, Senior Vice President Chief Risk Officer, Alliance for Cooperative Energy Services (ACES) (written testimony);
• Mr. Michael Bopp, Partner, Gibson, Dunn Crutcher, LLP (written testimony); and
• Mr. Sean O. Cota, Co-Founder, Commodity Markets Oversight Coalition (written testimony).

Click here to view a summary of the hearing by Delta Strategy Group.

See: Senate Ag Committee Hearing Webcast.Related news: CFTC Chair Massad Discusses Additional End Users' Concerns and CFTC Priorities (May 12, 2015); CFTC Proposes Rules Regarding Reporting and Recordkeeping Requirements for End Users (with Cadwalader Summary) (April 30, 2015); CFTC Chair Massad Discusses "Fine-Tuning" CFTC Rules to Address Commercial End Users' Concerns (April 30, 2015); U.S. House Committee on Agriculture Holds Hearing Regarding CFTC Reauthorization and End Users (with Delta Strategy Group Summary) (March 24, 2015); CFTC Chair Massad Discusses CFTC Priorities (with Lofchie Comment) (February 26, 2015).