Nominate an ag commodity rep to cftc

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Given the vacancies that have existed at the Commodity Futures Trading Commission (CFTC) since 2014-15, there is the opportunity for President-elect Trump to quickly nominate individuals to the commission.

As such, now is a critical time to consider nominating commissioners who have knowledge of agricultural commodity markets and the issues that affect the ability of our sector to use those markets to hedge the risks inherent to producing, processing and marketing the nation’s agricultural products.

As you know, with the passage of the Dodd-Frank Act, the CFTC has taken on much more responsibility for overseeing financial markets than in the past.


Us dollar indian rupee exchange rate today This has led to a makeup of the commission that largely reflects backgrounds and experience in the financial sector.

Historically, however, there have always been commissioners who understood agricultural futures markets, as well as the policy issues that impact the agricultural sector.

While derivative markets have grown beyond agricultural commodities and the CFTC’s regulatory footprint has been expanded, the agricultural futures markets remain as vital and integral to our farmers, ranchers, and businesses as they were before the financial innovation that led us to today’s derivatives markets.

We certainly appreciate the efforts the sitting commissioners have made to visit our members and learn about the industry, and believe it has been valuable as they make decisions that have broad impact on our industry’s ability to use those markets. Binary to denary However, as the agency continues to define its mission regulating financial markets, its core mission of regulating agricultural futures markets should not suffer for it.

We respectfully request that President-elect Trump, with the consent of the U.S. Exchange rate usd to cny Senate, ensures the CFTC has at least one commissioner with a background in, and familiarity with, issues important to production agriculture and agribusiness. Call option graph We appreciate your consideration of our concerns.

These comments are from a letter 22 farm and agribusiness groups sent to Vice President-elect Mike Pence. 1 usd to bitcoin The letter and list of participating organizations is at http://bit.ly/2ih6StY.

Given the vacancies that have existed at the Commodity Futures Trading Commission (CFTC) since 2014-15, there is the opportunity for President-elect Trump to quickly nominate individuals to the commission.

As such, now is a critical time to consider nominating commissioners who have knowledge of agricultural commodity markets and the issues that affect the ability of our sector to use those markets to hedge the risks inherent to producing, processing and marketing the nation’s agricultural products.

As you know, with the passage of the Dodd-Frank Act, the CFTC has taken on much more responsibility for overseeing financial markets than in the past. Fraction worksheets 2nd grade This has led to a makeup of the commission that largely reflects backgrounds and experience in the financial sector.

Historically, however, there have always been commissioners who understood agricultural futures markets, as well as the policy issues that impact the agricultural sector.

While derivative markets have grown beyond agricultural commodities and the CFTC’s regulatory footprint has been expanded, the agricultural futures markets remain as vital and integral to our farmers, ranchers, and businesses as they were before the financial innovation that led us to today’s derivatives markets.

We certainly appreciate the efforts the sitting commissioners have made to visit our members and learn about the industry, and believe it has been valuable as they make decisions that have broad impact on our industry’s ability to use those markets. Usd chart However, as the agency continues to define its mission regulating financial markets, its core mission of regulating agricultural futures markets should not suffer for it.

We respectfully request that President-elect Trump, with the consent of the U.S. 1 usd to eur Senate, ensures the CFTC has at least one commissioner with a background in, and familiarity with, issues important to production agriculture and agribusiness. Gold price per gram We appreciate your consideration of our concerns.

These comments are from a letter 22 farm and agribusiness groups sent to Vice President-elect Mike Pence. Usd exchange rate in inr The letter and list of participating organizations is at http://bit.ly/2ih6StY.

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