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[print version]
On June 17, 2010, FEI's Committee on Corporate Treasury signed a letter to Congressional Conferees on the Financial Regulation Reform Bill (known as the Dodd-Frank Act), along with several other national associations. The letter urged action on a new regulatory framework for derivatives, but cautioned that a clear exemption for end-users is essential. Without such an exemption, many end-users of derivatives would be forced to divert working capital away from productive use to margin accounts, move their hedging practices overseas, or forgo hedging altogether – leaving them exposed to the volatility and price uncertainty.
[print version]
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