United States

Dodd-Frank Title VII Is Reengineering Energy Swaps

Sep 11, 2012
From the Global Energy Institute

Markets and regulators are still grappling with the rule-making and implementation requirements of the Dodd-Frank Act (DFA), which was enacted to reduce risk and increase financial system transparency.

Title VII of the DFA brings all energy swaps under the jurisdiction of the U.S. Commodity Futures Trading Commission (CFTC) and U.S. Securities and Exchange Commission (SEC).

Consequently, the new regulatory framework for swaps, security-based swaps and related instruments will subject OTC contracts to the same oversight as futures contracts.

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