Regulation of the OTC derivatives will benefit energy firms: Gensler

摘要

Sweeping new financial reforms that mandate regulation of the over-the-counter derivatives markets will ultimately help most energy companies, despite a push from industry lobbyists to reduce the law's impact, Commodity Futures Trading Commission Chairman Gary Gensler said Wednesday. “All of the energy firms are going to benefit from more transparency in this marketplace,” Gensler said in an interview. “All the energy firms also took a hit in 2008. There's probably not an energy firm that made their budget for 2009.”