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External Meetings: Evolution Markets
XXI. Joint Rules w/ SEC
Evan Ard (Evolution Markets)
De'Ana Dow (Ogilvy)
Evolution Markets Inc. (Evolution Markets)
Ogilvy Government Relations (Ogilvy)
Participants discussed the proposed product definitions rulemaking, and in particular the scope of the forward contract exclusion. Evolution took the position that the rulemaking should clarify that cleared forwards between commercial participants should be permitted under the forward contract exclusion. Evolution Markets also believes that emission allowances should qualify as nonfinancial commodities.