The American Feed Industry Association (AFIA) recently submitted comments to the Commodity Futures Trading Commission (CFTC) regarding definitions in the recently passed Dodd-Frank Wall Street Reform and Consumer Protection Act.
“The definitions for key terms such as swap, swap dealer and major swap participant should provide the flexibility required by bona fide end users and also protect the markets from undue influence of large speculative positions,” said Joel G. Newman, AFIA’s president and CEO.
AFIA also requested CFTC proceed with its objective to minimize additional costs or capital requirements on bona fide hedgers, while limiting the ability of passive long financial speculators to influence these commodity market functions.
By Lindsay Beaton
Pet food safety is top-of-mind all along the production line, and everything from the ingredients to the equipment must offer solutions.
By Debbie Phillips-Donaldson
Many hours, efforts, dollars and brainpower go into pet food companies’ and regulatory bodies’ efforts to ensure that products on the market are safe and healthy for pets.