This week's Cotton Newsline is 2 cuts.Both cuts are Robbie Minnich, Senior Government Relations Representative for the National Cotton Council.
Suggested Introduction 1:
Commodity Futures Trading Commission (CFTC) Chairman Gensler said that most of the agency's 51 proposed rules to implement the Dodd-Frank Wall Street Reform and Consumer Protection Act will be changed before they are submitted to a final CFTC vote. Robbie Minnich, Senior Government Relations Representative for the National Cotton Council, says during a hearing before the Senate Agriculture, Nutrition & Forestry Committee to discuss the status of Dodd-Frank, Gensler told Sen. Roberts (R-KS) that "those final rules will be logical outgrowths of what we proposed."
Suggested Introduction 2:
Minnich says the CFTC proposed a rule to delay finalization of many Dodd-Frank rules from Congress' original July 16 deadline to Dec. 31.