Energy companies warned on end-user status

Energy Risk USA speakers concerned about reliance on end-user status; urge energy companies to begin Dodd-Frank compliance planning

Experts speaking at this year’s Energy Risk USA event in Houston expressed concerns about overreliance on the end-user exemption as a get-out clause from regulation under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

When assessing their likely status under the Dodd-Frank rules – swap dealer, major swap participant or end-user – too many energy companies may be hoping to fall into the latter, least-regulated category, according to Shelley Hurley, a partner in Accenture’s risk