New Swap Margin Rules Short On Answers

Law360, New York (April 13, 2011, 7:50 PM EDT) -- When drafting the latest set of Dodd-Frank rules, the U.S. Commodity Futures Trading Commission and the Federal Deposit Insurance Corp. set out to spare airlines, manufacturers and other nonfinancial companies from costly margin requirements in swap transactions, but when they released their separate proposals Tuesday, they created more confusion than relief, experts say.

A lightning rod of the Dodd-Frank Act, the question over whether to impose margin requirements on nonfinancial end-users has spurred much hand-wringing among companies, many of which had hoped the two sets of...
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