CFTC Announces Roundtable to Discuss Dodd-Frank End User Issues
The CFTC announced that a public roundtable is scheduled for April 3, 2014, to discuss issues concerning end users.
The roundtable will cover the following issues:
- the obligations of end users under CFTC Rule 1.35 ("Records of Commodity, Interest and Related Cash or Forward Transactions") concerning recordkeeping for commodity interest and related cash or forward transactions;
- the appropriate regulatory treatment of forward contracts with embedded volumetric optionality; and
- the appropriate regulatory treatment for purposes of the $25 million ("special entity") de minimis threshold for swap dealing to government-owned electric utilities.
See: CFTC Press Release.