Meeting Date:
Wednesday, May 18, 2011
CFTC Staff:
Terry Arbit
David Aron
Mark Fajfar
Julian Hammar
Eric Juzenas
Steve Kane
Greg Kuserk
Somi Seong
Organization(s):
Evolution Markets Inc. (Evolution Markets)
Ogilvy Government Relations (Ogilvy)
External Attendees:
Evan Ard (Evolution Markets)
De'Ana Dow (Ogilvy)
Additional Information:
Participants discussed the proposed product definitions rulemaking, and in particular the scope of the forward contract exclusion. Evolution took the position that the rulemaking should clarify that cleared forwards between commercial participants should be permitted under the forward contract exclusion. Evolution Markets also believes that emission allowances should qualify as nonfinancial commodities.