Dodd-Frank and Energy Trading

Discussion in 'Commodity Futures' started by OddTrader, Apr 19, 2012.

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    How the Dodd-Frank Act Harms the U.S. Energy Industry
    February 22, 2012

    But one seemingly obscure part of Dodd-Frank is aimed not at banks or financial institutions; rather it is aimed at American energy. Section 1504 of the law would force oil and mining companies listed on the U.S. Securities and Exchange Commission to expand disclosure of payments to foreign governments while excusing foreign competitors.


    Dodd Frank Complexities Heighten Energy Trading Impact Fears

    The Commodity Futures Trading Commission (CFTC) is developing dozens of rules, as ordered by the Dodd-Frank financial reform bill, to try to prevent the kinds of trading abuses that led to collapse in derivatives markets in 2008. While the collapse came in the mortgage market, it opened questions about all derivatives markets.


    Dodd-Frank and Energy Trading: Where do we go now?

    Feb 15, 2012
    Nathan Stein

    In recent weeks, the buzz about the coming final entity definition rule has been growing. With it, energy companies /trading organizations will be more able to assess if they are a Swap Dealer (SD), Major Swap Participant (MSP), on non-SD/MSP. This rule, when combined with the soon to follow product definition rule, will give energy companies clarity on requirements, and will start the countdown to required Dodd-Frank compliance.

    To date, exemption requests, legal challenges, and regulatory delays have led many to a wait and see approach to compliance. This is a false sense of security. The dates by which Dodd-Frank compliance are required are becoming increasingly clear. The recently finalized real-time public reporting rule provides a great example. Here's a quick list of dates as they apply to energy traders: