Energy Risk Canada: Rules on derivatives dealers need work, regulator says
Alberta securities regulator acknowledges proposals on derivatives dealer registration have alarmed energy firms
The top market regulator in Canada's energy-rich province of Alberta has acknowledged the country's first attempt at rules identifying derivatives dealers and making them register with regulators – the equivalent of the swap dealer definition contained in the US Dodd-Frank Act – have caused consternation among firms and need further work.
Lynn Tsutsumi, director of market regulation at the Alberta Securities Commission, made the comments at Energy Risk Canada on June 18, just one day after the
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