CFTC relieves concerns with clarification on gas deals

11/16/2012 | (subscription required)

The Commodity Futures Trading Commission has offered clarification on whether some physical gas agreements can be classified as swaps under new rules. Market participants were concerned that some transportation and storage agreements would be considered swaps, subjecting those involved to tougher regulations. Lawyers said the CFTC's clarification shows that most physical transactions will not be classified as swaps.

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