Amendment provides that the CFTC would define the terms "commerical risk", "operating risk", and "balance sheet risk" for use in the Commodity Exchange Act to define what types of risk a company may hedge and remain eligible for limited exception to clearing.

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Amendment Number
520
Description
Amendment provides that the CFTC would define the terms "commerical risk", "operating risk", and "balance sheet risk" for use in the Commodity Exchange Act to define what types of risk a company may hedge and remain eligible for limited exception to clearing.
Purpose
An amendment numbered 4 printed in House Report 111-370 to provide that the CFTC would define the terms "Commerical Risk", "operating risk", and "balance sheet risk" for purposes of the Commodity Exchange Act.
Congress
111
Type
HAMDT
Latest Action Date
Dec 10, 2009
Latest Action Text
On agreeing to the Peterson amendment (A004) Agreed to by voice vote.
Latest Action Time
19:02:55
Submitted Date
Dec 10, 2009
Chamber
House of Representatives
Update Date
Feb 3, 2022
Amendment 520 — Informed