UK commodity traders face regulatory chaos from Brexit

Some trading units may move to EU to retain passporting rights

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UK faces uncertainty after Brexit shock

UK-based commodity traders face years of regulatory uncertainty as a result of the British public's June 23 vote to leave the European Union, lawyers and regulation specialists say.

"There is a whirlwind of questions and a whole range of possibilities without any clarity on the direction," says Clare Hatcher, a London-based partner at law firm Clyde & Co who advises energy companies on regulation. "We are in a bit of a chicken-and-egg situation because we don't have proposals to suggest how we

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