In accordance with section 712(d)(4) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the ``Dodd-Frank Act''), the Commodity Futures Trading Commission (the ``CFTC'') and the Securities and Exchange Commission (``SEC''), after consultation with the Board of Governors of the Federal Reserve System (``Board of Governors''), are jointly issuing the CFTC's clarification of its interpretation concerning forward contracts with embedded volumetric optionality.
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Forward Contracts With Embedded Volumetric Optionality
In accordance with section 712(d)(4) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the ``Dodd-Frank Act''), the Commodity Futures Trading Commission (the ``C...
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80 FR 28239
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“Forward Contracts With Embedded Volumetric Optionality,” thefederalregister.org (May 18, 2015), https://thefederalregister.org/documents/2015-11946/forward-contracts-with-embedded-volumetric-optionality.