US energy firms cheer regulators’ shift on margin rule

New proposal exempts non-financial end-users from margin requirement

federal-reserve-hq
Federal Reserve headquarters in Washington, DC

Energy companies breathed a sigh of relief this week after US bank regulators scrapped a three-year-old proposal that would have required non-financial end-users to post margin on bilateral swap transactions not cleared through a central clearing house.

On September 3, the five agencies collectively known as the 'prudential regulators' – the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Farm Credit Administration and the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here