Comment Text:
This letter presents the comments of Federated Investors, Inc. and its subsidiaries (“Federated”) in response to the recent proposal by Commodity Futures Trading Commission (the “Commission” or “CFTC”) to amend CFTC Rule 4.5. Federated appreciates the opportunity to register its comments and hopes that the CFTC finds them useful.
Please contact me at (412) 288-2614 with any questions about this submission.
Respectfully submitted,
Andrew P. Cross, Partner
Reed Smith LLP