Proposal To Exempt Certain Transactions Involving Not-for-Profit Electric Utilities; Request for Comments

Samenvatting

The Commodity Futures Trading Commission ("CFTC" or the "Commission") is proposing to exempt certain transactions between not-for-profit utilities (entities described in section 201(f) of the Federal Power Act ("FPA")), and other electric utility cooperatives, from the provisions of the Commodity Exchange Act ("CEA" or "Act") and the regulations there under, subject to certain antifraud, anti- manipulation, and recordkeeping conditions. Authority for this exemption is found in section 4(c) of the CEA. The Commission is requesting comment on every aspect of this Notice of Proposed Order ("Notice").