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Congressional Committee was lobbied on behalf of Shell derivatives trading arm

Screen Shot 2014-02-10 at 16.29.29Extract from a Reuters article published 10 April 2014 under the headline: “Non-banks notch a win in battle of derivatives”

Companies including INTL FCStone Inc, Nomura Holdings Inc, Cargill Inc and Royal Dutch Shell Plc lobbied a congressional committee to change a rule proposed by the U.S. Commodities Futures Trading Commission on how much capital they must hold against derivatives trades as dealers. Cargill and Shell have derivatives trading arms.

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