Financial Regulatory Reform: Implications for Commodity Derivatives and Ag Cooperatives. Presented by: Kevin Natz of NCFC

Date: Thursday, November 3, 2011
Time: 12:00 PM ET / 11:00 AM CT / 10:00 AM MT / 09:00 AM PT [Prevailing Time]
Presenter: Kevin Natz, Vice President, National Council of Farmer Cooperatives
Moderator:
Learning Objectives:
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Field of Study: Business Management & Organization
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based
Prerequisite(s): No advanced preparation or prerequisites are required for this course.
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Course Description

In July 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act. Over the past year, the Commodity Futures Trading Commission (CFTC) has been writing more than 50 regulations to implement Title VII of the Act, which will regulate the over-the-counter (OTC) derivatives’ market. Because farmer-owned cooperatives use OTC derivatives (commodity swaps) to hedge the commercial risk of their own operations and to provide customized risk management tools to farmers and ranchers, how the regulations are written are important to preserve the ability of cooperatives to continue to use those financial instruments. The National Council of Farmer Cooperatives has focused on who will be regulated as a “swap dealers,” the end-user exception to mandatory clearing, capital and margin requirements, and other issues that would affect farmer co-ops. The CFTC will be finalizing those rules throughout 2011 and 2012.

Presenter and Moderator Bios

Presenter: Kevin Natz, Vice President, National Council of Farmer Cooperatives

Kevin Natz is a Vice President of the National Council of Farmer Cooperatives (NCFC), a national association representing America’s farmer cooperatives. He is responsible for issue areas including Commodity Futures Trading Commission (CFTC), international trade, transportation, and USDA administered programs. Responsibilities for CFTC include representing farmer cooperatives’ interests before the Congress and Administration relating to implementation of the derivates title of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Prior to joining NCFC in 2009, Natz served as the Senior Advisor to the Under Secretary of Farm and Foreign Agricultural Services at the U.S. Department of Agriculture from 2008 to 2009. Prior to that, he was director of trade policy for the U.S. Grains Council in Washington, D.C., specializing in international market access, disputes, and negotiations. In addition, Natz spent four years with Sparks Companies, Inc. where he was an economic and policy analyst.

Cost
$56.00 for NSAC Members / $70.00 for Non-Members

Delivery System

  • All programs are delivered using the Zoom platform.
  • Confirmations will include log-in instructions.
  • Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
  • All registrants will receive a link to the CLN’s recording by email within 48 business hours of event’s conclusion.
  • There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.

Registration

All registration is done on-line and each guest must provide their name and email address to participate. All NSAC members may register for free. Non-members may register for a nominal fee.

Refund Policy

NSAC will not issue refunds for CLNs. If a registrant is unable to participate in the CLN and provides notification to info@nsacoop.org 48 hours prior to the session, a credit will be provided for a future CLN. Alert the NSAC staff member monitoring the CLN if technical difficulties are encountered and technical support will be provided to eliminate problems with future CLNs.

Additional Information

Live participation is required for CPE credit and polling questions must be answered to document your active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the CLN recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits. Those eligible for credits will receive their certificate by email with 7 business days.

For more information regarding NSAC CLNs or administrative policies such as complaint and refund, contact the NSAC Headquarters, 7946 Clyo Road, Suite A, Centerville, OH 45459, 937-222-6707, or info@nsacoop.org.

What is NSAC's Cooperative Learning Network?
The NSAC Cooperative Learning Network is a live, interactive webinar, and you can attend from any location with internet and/or telephone access. NSAC members can attend an unlimited number of CLNs at no charge!

Each Cooperative Learning Network will have one or more speakers who are recognized experts on the topic. CLNs typically include a Q&A session where participants can ask questions live or by chat. No advance preparation or prerequisites are required, unless otherwise stated in the course information. Attendees are able to download copies of the slides and/or handouts and are provided a link to view the recording (unless the description states the session will not be recorded). These tools help continue your learning experience after the session.

CPE Credits
The National Society of Accountants for Cooperatives (NSAC) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor (#103068) of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Delivery Method: Group-Internet Based.

Why NSAC Cooperative Learning Networks?

Fast.
No wasted time. Get right to the heart of the matter in a course designed to easily fit into your busy schedule.

Convenient.
No travel. No time out of the office. Listen and follow along from the comfort and convenience of your desk, device or conference room.

Easy.
A device with an Internet connection is all you need. If your device does not have sound capabilities, the ability to dial in from a telephone is available.

Ideal for multiple attendees.
Use a speakerphone and projector/monitor and invite as many people as you want to participate - at no extra cost to you.

Affordable.
NSAC Cooperative Learning Networks are free for members and available to non members at a fraction of the cost of travel and attendance fees for other high-priced conferences or seminars.