Energy Risk USA: Dodd-Frank implementation 'maddening', says O’Malia

Scott O'Malia
Scott O'Malia, CFTC

The US Commodity Futures Trading Commission (CFTC) practice of finalising rules to implement the Dodd-Frank Act and then granting last-minute exemptions is "maddening" and detrimental to open government, according to CFTC commissioner Scott O'Malia.

Speaking at the Energy Risk USA conference in Houston on May 14, O'Malia accused the agency of rushing to finalise Dodd-Frank rules, leaving it with no choice but to offer relief to "unworkable" regulation.

"This is no way to develop the rules... We

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here