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October 2, 2013 - House Agriculture Committee General Farm Commodity and Risk Management Subcomittee hearing entitled "The Future of the CFTC: Perspectives on Consumer Protection."

Despite the broad nature of the hearing title, the focus of the meeting concerned a contentious provision in a rule proposed by the CFTC last November, in part, to address problems created by the mismanagement of the Peregrine and MF Global situations. At issue was the same day margin requirements often referred to the the residual interest requirement.