Lugar de Noticias Haynes and Boone
Hedging the Dodd-Frank Act
The Dodd-Frank Wall Street Reform Act is the most significant financial legislation enacted since the Depression-era reforms of 75 years ago. Its 2,300 pages govern nearly every area of our financial lives. It is complicated and open-ended: In writing regulations, government agencies will decide the winners and losers. Everyone agrees the legislation will be a game-changer.
Dodd-Frank targets banks but also regulates any company using certain financial products. For energy companies, there will be effects on the financial products that are their lifeblood: commodities hedges and debt financing.
Reprinted by permission of Oil and Gas Investor, November 2010. To read the full article click on the PDF linked below.