Meeting Date:
Wednesday, June 20, 2012
CFTC Staff:
Bart Chilton
Salman Banaei
Organization(s):
Not-for Profit Electric Coalition
External Attendees:
Patty Dondanville, Counsel, National Rural Electric Cooperative Association, Lisa Epifani, Counsel for LPPC and
Russ Wasson, Director of Tax, Finance and Accounting Policy
National Rural Electric Cooperative Association
Additional Information:
Participants discussed NPEC exemption request under 4(c) 6 of the Commodity Exchange Act for Electric Operations-Related Transactions between NFP Electric Entities; the $25 million Special Entities sub-threshold in the entities definition interim final rule and the definition of "swap," and the regulatory uncertainties that face a nonfinancial end user as it is about to enter into a nonfinancial commodity transaction.
