On June 6, 2011, FEI’s Committee on Corporate Treasury joined the Coalition for Derivatives End-Users in sending a letter to the Department of Treasury’s Office of Financial Markets in response to the Notice of Proposed Determination 76 Fed. Reg. 25774s on exempting foreign exchange swaps and forwards from the central clearing and trading requirements required under the Dodd-Frank Act.  The letter expresses support for such an exemption, and also requests that consideration be given by the Department to also exempt non-deliverable forwards.