Law360, New York (July 08, 2010, 2:43 PM ET) -- For nearly a year, commercial businesses from airlines to public utilities have petitioned Congress to listen to their concerns about the derivatives title of the financial reform legislation. The list of the problematic provisions has been long.
Some provisions would have required commercial end users to transact primarily, or for some end users exclusively, on U.S. Commodity Futures Trading Commission-regulated exchanges. Other provisions would have required end users either to clear or to margin (or both) all of their derivatives transactions.
Still other provisions were duplicative...
The Intended Consequences Of Derivatives Legislation
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