Derivatives dealer rule worries Canadian energy firms

Suncor voices concern over clearing costs for derivatives dealers

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Canada's emerging derivatives regulation has raised concern in the oil-rich western province of Alberta – the heartland of the country's energy industry – with companies fearing they will be forced to register as dealers and face a mandatory clearing requirement for all their over-the-counter trades, attendees at Energy Risk Canada heard.

Speaking at the June 17 conference, Jennifer Brodoff, legal counsel for the supply and trading division of Calgary-based oil producer Suncor, described the cle

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