CFTC Provides Temporary Exemption for Coops
The Commodity Futures Trading Commission (CFTC) has passed a temporary “no-action relief” provision exempting most transactions among and between electric coops and other not-for-profit electric utilities from most Commodity Exchange Act regulations. Deals exempted include those involved with the physical delivery of electricity, generation capacity, transmission services, fuel, and environmental rights and attributes. Certain cross-commodity transactions and other goods and services also are included. This exemption is currently effective until March 31, 2013. Read more here.