Who's in charge here? In what appears to be a complete thumbing of their collective noses at...
Who's in charge here? In what appears to be a complete thumbing of their collective noses at regulators, oil companies are saying "no thank you" to rules requiring them to register as dealers if they trade more than $8B in swaps/year. Not one energy major has joined the roughly 70 investment banks who have subjected themselves to tight oversight by registering.
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