CFTC eases Dodd-Frank burden on energy companies
In the wake of industry criticism, the US Commodity Futures Trading Commission is taking steps to relax position limits and accommodate the concerns of public utilities in its implementation of the Dodd-Frank Act
The US Commodity Futures Trading Commission (CFTC) has announced a trio of steps aimed at easing the burden of Dodd-Frank Act regulations on energy companies and other end-users of commodity derivatives.
In a May 22 announcement, the CFTC said it would seek additional comment from market participants on the hedging exemptions in its proposed position limits rule. Energy firms had slammed the rule's hedging exemptions, calling them overly narrow and worrying the rule would limit their ability to
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