Comment Text:
On behalf of Shell Energy North America (US) L.P. and Shell Trading Risk Management, LLC ("Shell Energy"), Eversheds Sutherland (US) LLP respectfully submits Shell Energy's response to the request for public comment on the proposed rule to amend certain of the Commodity Futures Trading Trading Commission’s regulations that impose minimum capital requirements and financial reporting obligations on swap dealers and major swap participants. See Capital and Financial Reporting Requirements for Swap Dealers and Major Swap Participants, Proposed Rule, 89 Fed. Reg. 2554 (Jan. 16, 2024).
If you have any questions, or if Shell Energy can be of further assistance, please contact Matthew Picardi, Vice President, Regulatory Affairs, Shell Energy at 713.230.3340 or Michael Sweeney of Eversheds Sutherland (US) LLP at (202) 383.0100.
Thank you very much.
-- Respectfully Submitted, R. Michael Sweeney, Jr.