Dodd questions restricting collateral to cash
Co-author of the Dodd-Frank Act shares concerns of energy companies that wish to post non-cash collateral to meet new requirements
Chris Dodd, co-author of the Dodd-Frank Act, has expressed concern about preventing swap dealers and major swap participants from posting non-cash collateral.
In a speech in Houston last Thursday, Dodd said: "There are a lot of concerns about the problems of dealing in cash and I don't disagree. I think that some legitimate issues have been raised about that particular provision and how it could
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