All Comment Letters
5/3/2011
On May 3, 2011, the Committee on Corporate Treasury and Committee on Benefits Finance sent letters to the House and Senate committees with jurisdiction over the regulation of pension plans and swaps. The letter urges committee leadership to assist in contacting the Commodity Futures Trading Commission and Department of Labor about concerns that pension plan sponsors and companies have with the Business Conduct Standard proposed rule RIN 3038–AD25. The rule stems from the Dodd-Frank Financial Reform Bill passed last year and, as currently proposed, the rule would make it much more difficult for pension plan sponsors and companies to utilize swaps to hedge risks.