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Comment for General CFTC General Dodd-Frank Submissions

  • From: Thorne James

    Comment No: 46002
    Date: 9/20/2010

    Comment Text:

    Via Electronic Mail

    September 20, 2010

    Dear Secretary Stawick:

    The attached petition is filed on behalf of GDF SUEZ Marketing NA, Inc. (“GSEMNA”).

    It is GSEMNA’s understanding (based on the Commission’s Releases dated September 10, 2010) the Commission has determined that it is appropriate to provide temporary “grandfather relief” for exempt commercial markets after July 15, 2011—the date Section 2(h) will be repealed from the Commodity Exchange Act (“CEA”) by the Dodd-Frank Act.

    The attached petition seeks continued exclusion of GSEMNA from the CEA for one year after July 15, 2011---or for the period of time deemed appropriate by the Commission---in order to assist in GSEMNA’s transition to the new regulatory scheme required by the Dodd-Frank Act.

    GSEMNA appreciates the opportunity to submit its attached petition to the Commission.

    If we may answer any questions, please contact me.

    James L. Thorne

    Senior Regulatory Counsel

    GDF Suez Energy North America, Inc.

    Houston, Texas 77056

    713 636-1396