Energy firms give mixed response to Dodd-Frank swap reporting delay

Dodd-Frank delay gets mixed response from energy firms

cftc-hq
CFTC in Washington, DC

For more than half a year, risk and compliance specialists at US energy firms had been fixated on April 10, when new rules on swap trade reporting were set to come into force under the Dodd-Frank Act. But just one day before the deadline, the US Commodity Futures Trading Commission (CFTC) gave companies several more months to comply – a move that has created relief for many firms, but generated frustration among others. “The CFTC gave people what they wanted, but it’s unfort