FEI on the hill.

• Position: Fei news - Brief article

Many FEI members have expressed a great deal of interest in the regulation of derivatives, considering the importance derivatives play in corporate risk management. In response, FEI's Committee on Corporate Treasury (CCT) has been very active in sharing information with FEI members about legislative proposals and seeking to help educate members of Congress and their staff about how companies utilize derivatives to help manage day-to-day business risks.

In late September-early October, corporate treasurers from CCT, along with FEI's President and CEO Marie Hollein, met with staff from 21 congressional offices to further this effort. FEI's initiatives were matched by dozens of other congressional meetings held by industry representatives from across all sectors of the economy. These efforts will continue.

Additionally, CCT has helped draft letters to members of Congress and submitted statements for the record at various committee hearings. An Oct. 2 letter with 172 signatures from corporations and associations was sent to all the members of Congress.

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The message is being heard...