Law360, New York (July 6, 2011, 6:51 PM EDT) -- The Dodd-Frank law means many things to many people, but for energy companies, it universally will mean increased costs of compliance. While swap dealers and major swap participants have been projected to face tens of millions of dollars in capital costs to comply with the Dodd-Frank regime, the burden may fall more disproportionately on end users. In no area is that compliance burden more evident than the law’s requirements concerning security and margining.
One hallmark of Dodd-Frank’s treatment of the financial and commodity trading...
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