House Rules Committee Holds Hearing on Commodity End-User Relief Act (with Delta Strategy Group Summary)

The House of Representatives Rules Committee held a hearing to consider the "Commodity End-User Relief Act" (H.R. 2289).

The Rules Committee will vote on H.R. 2289 on June 3, 2015. A floor vote is expected on June 9, 2015.

H.R. 2289 is similar to legislation passed by the House during the last Congress. It would codify and clarify Congressional intent where certain customer protections are concerned, reform the CFTC's operations, amend certain end-user provisions of the Dodd-Frank Act, and make technical corrections to the CEA.

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

See: House Rules Committee Hearing.Related news: CFTC Chair Massad Sends Letter to Congressman Criticizing Legislation to Reauthorize the CFTC (with Lofchie and Zwirb Comments) (May 15, 2015); House Agriculture Committee Passes Bill to Reauthorize CFTC and Amend CEA (with Patel and Lofchie Comments) (May 14, 2015); CFTC Commissioner O'Malia Criticizes CFTC Rulemaking, Supports Customer Protection and End User Relief Act and Cross-Border Issues (with Lofchie Comment) (July 15, 2014); Senate to Consider Customer Protection and End User Relief Act (July 2, 2014); House Votes to Reauthorize the CFTC, but with New Obligations as to Its Exercise of Authority (with Lofchie Comment) (June 24, 2014); House Committee on Rules Releases Amended Customer Protection and End User Relief Act (June 12, 2014).