Trade groups representing energy companies are pressing the Obama administration to ensure the cost of protecting against price volatility isn't significantly increased by new regulations governing derivatives markets. The groups want White House officials to make the case before the Commodity Futures Trading Commission. "Currently, the CFTC’s proposed swap dealer rule is overly broad and would result in commercial end-users who use swaps to hedge their commercial risk and reduce price volatility for their customers being misclassified as swap dealers," according to the associations.

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