Dodd-Frank Rules May Force Banks To Shed Energy Units

Law360, New York (February 15, 2013, 6:51 PM EST) -- Banks have become major players in energy markets over the past decade, from trading in energy derivatives to helping supply electricity and crude oil, but forthcoming rules under the Dodd-Frank Act, including the Volcker rule, might make it difficult for banks to hold on to these lucrative lines of business, experts say.

Two major Dodd-Frank rulemakings expected to be finalized this year are the Volcker rule's ban on proprietary trading and the so-called swaps pushout rule requiring banks to push out most derivatives trading from units...
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