Rep. Frank Lucas, Chairman of the House Agriculture Committee, and Rep. Doug LaMalfa today issued statements after the Commodity Futures Trading Commission (CFTC) voted, 4-0, to exempt producers, utility companies, and other non-financial entities from being required to register as swap dealers when they enter into energy contracts with government-owned utilities.
H.R. 3527 Protecting Main Street End-Users from Excessive Regulation
To amend the Commodity Exchange Act to clarify the definition of swap dealer.
Rep. Randy Hultgren (R-IL)
All amendments below adopted by voice vote:
Peterson Amendment to the Lucas Amendment in the Nature of a Substitute
Roll Call Votes
Advanced out of the Committee by voice vote on January 25, 2012.
Publication: Section by Section of H.R. 3527