Energy Derivatives Regulation after Dodd-Frank ALI-ABA CLE

This telephone conference takes place on Wednesday October 27, 2010 12:30 pm to 1:45 pm Eastern Daylight Time.

Topic: The Dodd-Frank Wall Street Reform and Consumer Protection Act and its affect on energy companies.

One example is, a company that currently uses OTC contracts to trade fuel, power, emissions or other commodities may be required, if no exemption applies, to clear such swaps with a clearinghouse and trade them through an exchange. This in turn may increase a company's cost of hedging and affect its liquidity.

Issues of joint jurisdiction between the Commodity Futures Trading Commission (CFTC) and the Federal Energy Regulatory Commission (FERC) further complicate the operation of energy companies whose activities may now cause them, for regulatory purposes, to report to both commissions.

Faculty for this seminar include Ann A. Hawkins, Skadden, Arps, Slate, Meagher & Flom LLP, who concentrates in the areas of development, financing, acquisition and disposition of energy projects; Mark D. Young, also with Skadden Arps, who has practiced within and before the CFTC; and Dr. Sharon Brown-Hruska, an economist who served as a CFTC Commissioner and Acting Chair. Together they will outline the new Dodd Frank requirements that affect energy derivatives, and discuss the economic impact of the new regulations.