Congressional chairmen want end users exempt from OTC rules

04/8/2011 | · Platts

Lawmakers asked regulators implementing the Dodd-Frank Act to exempt certain end users, such as corporations that hedge against risk by using derivatives, from rules being written for over-the-counter derivatives. "Regulators should exempt end users from margin requirements and seek to limit other regulatory burdens that could have the unintended effect of driving up costs for end users," according to a letter from the chairmen of four congressional committees.

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