House To Probe Derivatives Bill's Impact On Energy

Law360, New York (November 23, 2009, 1:27 PM EST) -- Reps. Henry Waxman, D-Calif., and Edward Markey, D-Mass., are calling for a closer look at the “unintended impacts” that a bill proposing first-ever regulation for the over-the-counter derivatives market could have on U.S. energy markets.

The U.S. House of Representatives Energy and Commerce Committee's subcommittee on energy and environment will hold a hearing Dec. 2 to take a look at whether H.R. 3795, the Over-the-Counter Derivatives Market Act of 2009, could cause major disruptions in the electricity and natural gas sectors by introducing a new commodities...
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