CEEPR Executive Director Dr. John Parsons’ research and engagement on risk management and the reform of derivatives markets sent him to the Commodity Futures Trading Commission’s (CFTC) Roundtable on the proposed Volcker Rule. The CFTC is one of several regulatory agencies tasked with implementing the section of the Dodd-Frank Act known as the Volcker Rule. How the rule is implemented may impact the liquidity of key financial markets. Video for the Roundtable is available here. The transcript is available on the CFTC website.
Dr. Parsons recently released a CEEPR Working Paperon the impact of the Dodd-Frank derivative reforms on the cost of hedging by non-financial corporations. Energy companies are among the most active users of commodity derivatives.