You are viewing all posts by, Sid Jacobson

partner, SunGard Global Services

10
Jan
2013

The Future State of Energy Trading In the Compliance Era

Contributor:

With deregulation for the most part behind us, trading desks coming and going, and many organizations meeting minimum acceptable risk control requirements, the energy industry finds itself entering the Compliance Era, a paradigm defined by new regulatory requirements, stricter market oversight and pursuit of aggressive penalty enforcement. And while the industry agonizes over adequate interpretation of new market regulations and gasps at the escalation of data requests, fines and punishment coming from regulators across jurisdictions, a small and proactive subset of market participants are seizing an opportunity to modernize the way they do business. They are capitalizing on new organizational and data efficiencies, improving regular, reliable and measurable transaction and portfolio insights and streamlining the transaction lifecycle.... read more

partner, SunGard Global Services

11
Sep
2012

The Road to Dodd-Frank Compliance: Get Ready, Swap End-Users

Contributor:

This blog post originally appeared on DerivSource. On Monday August 12, 2012 when the CFTC entered the definition of a swap, the clock started ticking for all energy and commodities market participants to be prepared for forthcoming compliance dates. There are only 60-240 days to achieve compliance depending on the rule and the company’s role in the swaps market. For producers, marketers, traders or commodity end-users, the Dodd-Frank Act will ...... read more

partner, SunGard Global Services

11
Jul
2012

CFTC definition of a swap: for the energy industry, it’s game on!

Contributor:

On July 10, the CFTC passed final rules that greatly accelerate energy market participants' path to Dodd-Frank Act compliance. The announcement includes the final rule on end-user exception to the clearing requirement for swaps ("end-user clearing exception") and final rules and interpretations i) further defining "swap," "security-based swap," and "security-based swap agreement"; ii) regarding "mixed swaps"; and iii) governing books and record for security-based swap agreements ("definition of a swap").... read more