Energy regulator presses CFTC on swaps exclusions

The Federal Energy Regulatory Commission has sent the Commodity Futures Trading Commission (CFTC) a letter suggesting that the commodity regulator should reveal the types of energy contracts that will be exempt from the CFTC's new regulations regarding OTC derivatives.

FERC General Counsel Michael Bardee wrote the letter on Friday. He said that the certainty that would come from such a list would help companies that operate in the energy industry determine the extent regulations required by Dodd-Frank would affect them.

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