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CFTC weighing Dodd-Frank’s impact on public utilities
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Commodities, Derivatives
Tuesday, April 8, 2014
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The Commodity Futures Trading Commission’s interim leader vowed to take additional steps to mitigate the impact of the agency’s swaps rules on public utilities and their customers. Industry participants have argued that the commission’s Dodd-Frank rules limit the ability of public utilities to hedge their risks. Last month, the agency released a so-called “no-action” letter to address the issue. CFTC Acting Chairman Mark Wetjen also recently announced that the agency plans to amend its rules in response to the industry’s concerns. Read on for the details.
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