Energy firms struggle to meet Dodd-Frank reporting deadline
With Dodd-Frank reporting and record-keeping rules set to come into effect on April 10, energy companies worry they won’t be ready in time
US energy companies are in a last-minute sprint to become compliant with Dodd-Frank reporting and record-keeping rules for derivatives end-users that are set to come into force on April 10, unless the US Commodity Futures Trading Commission (CFTC) grants a last-minute extension.
"Our members are just trying to get into compliance," says Lopa Parikh, director of federal regulatory affairs at the Edison Electric Institute (EEI), a Washington, DC-based association of shareholder-owned electricity
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