Comment Text:
BG Americas & Global LNG (“BGA”) respectfully submits these comments in response to the request for public comment in the release issued by the Commodity Futures Trading Commission (the “CFTC” or “Commission”) in Reopening and Extension of Comment Periods for Rulemakings Implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was published in the Federal Register on May 4, 2011. The release reopens and extends the comment period of many of the CFTC’s proposed rulemakings until June 3, 2011. Specifically, the comments provided herein below address concerns with the bona fide hedging exemption as set forth in the Commission’s Notice of Proposed Rulemaking, Position Limits for Derivatives.
If you have any questions, please contact me.
Respectfully submitted,
Matthew C. Thomas
Government Affairs Assistant
Hunton & Williams LLP
