CFTC Proposes Dodd-Frank Exemption For Utility Co-Ops

Law360, New York (August 17, 2012, 3:46 PM EDT) -- Nonfinancial energy derivative transactions between government electric utilities and cooperatively owned utilities may be exempt from most of the requirements of the Dodd-Frank Act under a proposed order approved Friday by the U.S. Commodity Futures Trading Commission.

The order would allow government-owned electric companies and nonprofit co-ops to retain exemptions from most of the regulatory changes regarding derivative transactions under the CEA and Dodd-Frank, according to the CFTC. 

The transactions that are eligible for the proposed relief are all physically settled contracts that have the primary...
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