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Peterson: House CFTC Bill All Cost, Little Benefit

Washington, DC, June 9, 2015

As this process moves forward, I hope that we can come together and see a simple reauthorization, that will provide protections for customers and certainty for the CFTC, signed into law.

House Agriculture Committee Ranking Member Collin Peterson today made the following statement after The Commodity End-User Relief Act (H.R. 2289) passed the House of Representatives.

“This bill will roll back important financial reforms, curtail negotiations with foreign regulators and make it more difficult for the CFTC to do its job. As this process moves forward, I hope that we can come together and see a simple reauthorization, that will provide protections for customers and certainty for the CFTC, signed into law.”
 

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