Commodity Futures Trading Commission September 28, 2010 – Federal Register Recent Federal Regulation Documents
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Agricultural Swaps
The Commodity Futures Trading Commission (``Commission'' or ``CFTC'') is charged with proposing rules to implement new statutory provisions enacted by Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act (``Dodd-Frank Act''). Section 723(c)(3) of the Dodd-Frank Act provides that swaps in an ``agricultural commodity'' (as defined by the Commission) are prohibited unless entered into pursuant to a rule, regulation or order of the Commission adopted pursuant to section 4(c) of the Commodity Exchange Act (``CEA'' or ``Act''). This advance notice of proposed rulemaking (``ANPRM'') requests comment on the appropriate conditions, restrictions or protections to be included in any such rule, regulation or order governing the trading of agricultural swaps.
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