Energy end-users may miss Dodd-Frank reporting deadline
Energy derivatives end-users face uphill struggle to comply with reporting rules when no-action relief expires
Numerous oil and gas firms, agricultural companies and other end-users of commodity derivatives may find themselves in violation of the law on August 19, when temporary relief from one of the most burdensome requirements of the US Dodd-Frank Act is set to expire, compliance specialists say.
"Everyone's hoping that there will be some safety in numbers," says Patrick Woody, Houston-based senior strategist for regulatory risk compliance at SAS RiskAdvisory. When the no-action relief expires, such
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