Two cases involving SEC "no-action letters" illustrate these difficulties.

两个涉及证券交易委员会的“不行动书”的案例说明了这些困难。

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The no-action letters are not the same as exemptions from position limits, which are granted to "bona fide" hedgers trading for commercial business purposes.

这些不采取行动的函件不同于那些准许以商业经营为目的进行交易的“真实”套保者的头寸限制豁免。

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Instead, the no-action letters state that the CFTC's Department of Market Oversight would not recommend to the commission that it take enforcement action if their recipients exceeded position limits.

相反，不采取行动信函称，CFTC的市场监管部会建议该委员会在收函人超过头寸限制时不采取强制行动。

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If you ever get one of these adverse-action letters, any efforts to dig a little deeper into the circumstances behind your low score requires more perseverance than most people are willing to put forth.

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The activists threatened the action in letters sent to investors because the drug company uses Huntingdon Life Sciences , a controversial animal-testing company.

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You know, major manufacturers should just start handing out class action lawsuit form letters and business reply mail envelopes with their various electronics, just to make these things easier for everyone involved.

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