Regulation of Energy Derivatives

Jickling, Mark

Library of Congress. Congressional Research Service.

关键词: Finance;    Derivative securities;    Energy;    Energy industries;    Business;   

RP-ID  :  RS21401
RP-ID  :  RS21401_2008May12

美国|英语

来源: UNT Digital Library

【 摘 要 】

After the collapse of Enron Corp. in late 2001, that company's activities came under intense scrutiny. Much of its business consisted of trading financial contracts whose value was derived from changes in energy prices. Enron's derivatives trading was largely "over-the-counter" (OTC) and unregulated: little information about transactions was available. This incident has sparked interest in reform of energy derivatives regulation. This report summarizes energy derivatives regulation and proposed legislation.