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Enron Mail |
Mark Taylor has asked me to respond to your email.
The NYMEX considers the trades of ENA and its two other principal trading= =20 affiliates (Enron Canada and Enron London), as well as any other affiliates= ,=20 to be one and the same as ENA. The Annual Hedge Exemption applications=20 require that ENA represent whether its officers, employees, owners, or agen= ts=20 have a power of attorney, control or have a financial interest in any other= =20 related commodity future(s) account either individually or acting with=20 another person pursuant to express or implied agreement.as indicated in the= =20 original email from Mark. In order to make this representation we need to= =20 do due duligence to establish whether our employees have any such accounts,= =20 and if they have such an account, whether having so might raise any concern= s=20 with the NYMEX. This annual email has a secondary helpful control purpose. It fleshes out= =20 the trading of employees that might be in violation of the Company's Tradin= g=20 Policy. The Trading Policy prohibits Enron employees from trading any=20 products that the company trades.=20 =09Mark Taylor =0906/26/2000 09:02 AM =09=09=20 =09=09 To: Tana Jones/HOU/ECT@ECT =09=09 cc:=20 =09=09 Subject: Re: Enron North America Corp. NYMEX Hedge Exemption Applica= tions ----- Forwarded by Mark Taylor/HOU/ECT on 06/26/2000 10:01 AM ----- =09Elliot Fullwood@ECT =0906/26/2000 07:38 AM =09=09 =09=09 To: Mark Taylor@ENRON =09=09 cc:=20 =09=09 Subject: Re: Enron North America Corp. NYMEX Hedge Exemption Applica= tions Mark, I do not understand this. Please explain. ------------------------- Elliot Fullwood, Enron Europe Finance and Trading Ltd. Tel: +44 (0)20 7783 0000 40 Grosvenor Place Direct:= =20 +44 (0)20 7783 6906 LONDON = =20 Fax: +44 (0)20 7783 9018 SW1X 7EN =20 =09Enron Capital & Trade Resources Corp. =09 =09From: Mark Taylor @ ENRON 22/06/2000 01:39 =09 Sent by: Enron Announcements@ENRON To: Everyone_in_ECT_Calgary, Everyone_in_ECT_London, Everyone_in_ECT_Denver= ,=20 Everyone_in_ECT_Singapore cc: =20 Subject: Enron North America Corp. NYMEX Hedge Exemption Applications We are in the process of preparing applications for position limit exemptio= ns=20 for ENA=01,s NYMEX energy commodities futures trading. These applications= =20 require that ENA represent whether its officers, employees, owners, or agen= ts=20 have a power of attorney, control or have a financial interest in any other= =20 related commodity future(s) account either individually or acting with=20 another person pursuant to express or implied agreement. Please direct any responses to my paralegal, Tana Jones, via intercompany= =20 email or call her at (713) 853-3399 by the end of business Friday, June 30,= =20 2000 if you have any power of attorney, control or have a financial interes= t=20 in any commodity futures account (other than an ENA or other trading=20 affiliate account). IF YOU DO NOT HAVE A COMMODITY FUTURES ACCOUNT, YOU DO NOT NEED TO RESPOND = TO=20 THIS REQUEST.
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