Archives for CFTC

Letter to the House of Representatives supporting the “Commodity End-User Relief Act” (1/11/17)

Date: January 11, 2017

Issue: Derivatives; End-user relief

To: House of Representatives

Filing Type: Letter to Congress

Description: The U.S. Chamber of Commerce strongly supports H.R. 238, the “Commodity End-User Relief Act,” which would reauthorize the Commodity Futures Trading Commission (“CFTC”) and enact a number of important reforms to provide regulatory relief for end users of the derivatives market. It would also promote accountability at the CFTC and protect Main Street businesses from onerous and unintended consequences of derivatives regulation.

Download PDF

End-user Coalition letter to the House of Representatives regarding inter-affiliate swap transaction relief legislation (1/11/17)

Date: January 11, 2017

Issue: Derivatives; End-user relief

To: House of Representatives

Filing Type: Letter to Congress

Description: The Coalition for Derivatives End-Users supports Congressman Lucas’ amendment aimed at providing much needed relief to commercial end-users in connection with their use of inter-affiliate swaps, which are an efficient mechanism to transfer risk within a corporate group for centralized risk management. The amendment would appropriately distinguish between inter-affiliate swaps—which are proven and efficient methods of managing a corporate end-user’s internal risks—and those swaps that are executed between two unaffiliated third parties.

Download PDF

Letter to Federal Reserve, FDIC, SEC, OCC, CFTC Regarding Volcker Rule Re-proposal (11/7/2013)

Date: November 7, 2013

Issue: Volcker

To:  Federal Reserve, FDIC, SEC, OCC, CFTC

Filing Type: Regulatory 

Description: CCMC summited a detailed letter to the agencies that are working on the Volcker Rule, requesting that instead of finalizing the Rule by year end, regulators should repropose the rule.  As previous comment letters articulated, we believe that the proposal will impede the ability and increase the cost of non-financial businesses to raise capital and manage risk and we don’t see how these concerns could be addressed by any final rule.  In addition, we believe that before the Volcker Rule is finalized companies should have the opportunity to comment on what must certainly be substantially altered from the original proposal.

Download PDF

Review of the President’s Fiscal Year 2014 Funding Request and Budget Justification for the U.S. Commodity Futures Trading Commission and the U.S. Securities and Exchange Commission

Date: June 24, 2013

IssueRegulatory Reform

To: The Senate Committee on Appropriations

Filing TypeCongressional

Description: The Chamber sent a letter to the Senate Committee on Appropriations in advance of the hearing “A Review of the President’s Fiscal Year 2014 Funding Request and Budget Justification for the U.S. Commodity Futures Trading Commission and the U.S. Securities and Exchange Commission” highlighting our past SEC Reform Studies.

Download PDF