Meeting Date:
Tuesday, June 28, 2016
CFTC Staff:
Ward P. Griffin
Vincent A. McGonagle
Steve Sherrod
Organization(s):
Sutherland Asbill & Brennan LLP
Vitol Inc.
Shell Energy
External Attendees:
R. Michael Sweeney, Jr. (Sutherland)
Meghan Gruebner (Sutherland)
Ronald Oppenheimer (Vitol)
Robert Reilley (Shell)
Additional Information:
We discussed the position limits rulemaking, including the Dec. 2013 preamble regarding non-enumerated bona fide hedges, the economically appropriate test, and recognition of cross commodity hedges; and, under the supplemental proposal (81 FR 38458), the 5-day rule and the application and reporting process.