Dodd-Frank commodity option rules sow confusion among energy firms


As the US Commodity Futures Trading Commission (CFTC) has written thousands of pages of rules to implement the Dodd-Frank Act, many market participants have complained that the new regulations are confusing and difficult to put into practice. But few issues have sown quite as much confusion as the CFTC's treatment of commodity options.

Oil companies, natural gas suppliers and distributors and electric utilities all use various contracts that provide for the physical delivery of an energy commodi

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