CFTC Moves to Protect Energy End-Users From ‘Unintended Consequences’ of Dodd-Frank

摘要

The Commodity Futures Trading Commission (CFTC) has taken action on three issues that Chairman Mark Wetjen said will have a lasting impact on energy-end users that may have fallen victim to “negative, unintended consequences” of the Dodd Frank Financial Reform Act. In April, energy industry representatives at a CFTC public roundtable told the agency that a previously approved swap product definition rule needed to be clarified or repealed (see Daily GPI, April 3; July 11, 2012). In announcing the CFTC actions last week, Wetjen made it clear that the agency is listening to the industry.