Dodd-Frank’s New Rules for Over-the-Counter Swap Transactions


On July 21, Congress enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act, significantly impacting how many Texas energy companies operate on a day-to-day basis. While the act makes a number of important changes, this article will focus on the new requirements Title VII of the act imposes for over-the-counter swap transactions.

Many Texas energy companies — including power generators, manufacturers, energy trading companies, and oil and gas producers — use swaps to hedge commodity price and other risks. A swap occurs when two parties exchange their payment obligations based on the price of something else. If the act governs a company’s swap, then the swap may be subject to the following key obligations: mandatory clearing, data reporting, position limits and record-retention requirements.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Jackson Walker | Attorney Advertising

Written by:


Jackson Walker on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.